It is tradable, but some unscrupulous individuals may use the name of Bitcoin to induce benefits and carry out fraud. Today, Xiao Luo will reveal to everyone the six major scams of Bitcoin, and let’s take a look at how Bitcoin scams work, as well as how to deal with being deceived, hoping it will be helpful to everyone.

　　In 2015, a Bitcoin payment platform in Hong Kong suddenly closed, involving an amount of 3 billion Hong Kong dollars. The platform claimed that investors bought Bitcoin mining contracts for 400,000, earning Bitcoin daily, which could recoup the investment in about 4 months and an additional 600,000 could be earned in a year. The website also lobbied investors to introduce others to buy sub-contracts. This pyramid scheme of recruiting people for profit is a typical pyramid scheme. Once there are no new investors joining or the organizer suddenly loses contact, investors will suffer heavy losses.

　　The production of Bitcoin is called ‘mining’ in the professional circleOnline casinoJoin us. The performance of mining equipment to some extent affects the efficiency of obtaining Bitcoin, so it requires powerful and expensive specialized equipment. Such fraud cases target investors who want to buy ‘mining machines’. Usually, when ordering equipment, investors are required to pay a deposit first, and there are cases where the seller or intermediary receives the money and then disappears, committing fraud.

　　Taking the Bitcoin wallet as an example, the Bitcoin wallet is used to store Bitcoin, and scammers use certain well-known, real wallet symbols and names to package false wallet applications to deceive users. If users inadvertently download false wallets, the Bitcoin they deposit will fall into the scammers’ wallets. In addition, some unscrupulous individuals will imitate the Bitcoin construction platform, manipulate the production and trading of altcoins, attract investors to buy, and then sell them in large quantities when the time is ripe, causing investors to suffer significant losses.

　　Phishing fraud includes sending emails to customers, notifying them that they have received Bitcoin, but they need to log in to their Bitcoin account through the link in the email to claim itlottery secrets and Latest Address. In this way, these phishing scammers can obtain control of the customer’s account.

　　Bitcoin and some Bitcoin trading platforms have become an important platform for transferring dirty moneylottery cheatsJust need you. Due to their convenient transactions and great regulatory difficulties, they objectively help suspects complete the money laundering process. For example, in a case in 2014, suspects used dirty money to buy Bitcoin, then placed the Bitcoin in an overseas registered sports betting and How to find it, and then the suspects sold the Bitcoin to overseas Bitcoin platforms in Macau to complete the entire process of money laundering and cashing out.

　　Token issuance financing refers to the financing entity raising Bitcoin, Ether, and other so-called ‘Online casino and How to find it’ through the illegal issuance and circulation of tokenssports betting local and Where is it. The joint announcement issued by the seven ministries and commissions on preventing the risks of token issuance financing states that it is essentially an unauthorized illegal public financing act, suspected of illegal issuance of token securities, illegal issuance of securities, illegal fund-raising, financial fraud, pyramid schemes, and other criminal and illegal activities.