Scams

Scams

A scam is an attempt by a person or a business to defraud people by taking advantage of their trust. There are a lot of scams on the cryptocurrency market, due to the fact that it's mostly unregulated by the government. In such circumstances, determining illegitimate business schemes and staying clear of them becomes everyone's personal responsibility. Public forums, such as bitcointalk.org and reddit.com/r/bitcoin serve as a place for the members of the cryptocurrency community to share information about known scams and methods of discovering them.

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