Bitcoin Scammer List 2022

While the price of Bitcoin has gone up significantly in recent years, scammers are still operating in the crypto space, and their scams now look like child's play when compared to the schemes that took place in 2020. In a report from Mashable, the site compiled a list of the top 20 crypto-scams of the year. The list does not include the dollar amount stolen, but it does feature the most innovative and brazen scams.
In the past year, the FTC reported that scammers raised $10 billion from "DeFi" scams. The SEC has also asked for regulation of the Bitcoin market. Despite its incomprehensibility, a major problem with Bitcoin is that transactions are irreversible and cannot be reversed or undone in the blockchain. This provides a perfect setting for a variety of scams, including the pump & dump, rug pull, and market manipulation.
Although the number of victims has decreased in recent years, the numbers of scammers continues to increase. In the past year alone, more than 7,000 people reported losing more than $80 million to cryptocurrency investment scams. As a result, it is vital for people to be aware of these scams. Moreover, if a particular company guarantees a specific amount of money, it is most likely a scam. Whether it is an online or offline investment, there is a strong possibility of a cryptocurrency scam.

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