Scams and Frauds Continues Impacting Cryptocurrency Market Credibility

27 Mar

Scams and Frauds Continues Impacting Cryptocurrency Market Credibility

Source: Crypto News
Scams and Frauds Continues Impacting Cryptocurrency Market Credibility

Crypto Scams

Crypto scams and frauds are tightly connected to the cryptocurrency markets due to their unregulated nature and lack of trading guidelines. Regulators, analysts and advertisement companies have been criticizing crypto coins with concerns related to illegal activities. Mark Carney thinks crypto traders are fools while Business magnates like Bill Gates and Warren Buffet call it a market for criminals.

The most popular advertisement platforms, including Facebook (NYSE:FB), Google (NYSE:GOOG), and Twitter (NYSE:TWTR), have banned cryptocurrency related ads – the big internet companies consider crypto market ads harmful to the general public. Fake ICO’s and misrepresentation of …

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