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Author Topic: Will scams and Rug pull ever stop  (Read 4547 times)

Offline Primrose

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Re: Will scams and Rug pull ever stop
« Reply #60 on: August 22, 2022, 12:52:39 PM »
Scams are nothing new in the financial markets and will continue to prevail in the coming time. Often new traders get in the trap of these con artists because they don’t want to work hard, they want easy money. You can’t remove scammers from the market but you can protect yourself.

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Re: Will scams and Rug pull ever stop
« Reply #60 on: August 22, 2022, 12:52:39 PM »

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Re: Will scams and Rug pull ever stop
« Reply #61 on: August 23, 2022, 05:19:33 PM »
Yes, Internet hygiene is an important component in our time.Those who neglect simple rules will regret it later.
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Re: Will scams and Rug pull ever stop
« Reply #62 on: November 29, 2022, 05:06:10 AM »
Cryptocurrency is an ideal environment for various kinds of scammers, hackers and other criminals. This is facilitated by the relative anonymity of the participants in this market, the almost complete absence of its regulation, the ability to commit their crimes from anywhere in the world where the Internet is available, the constant presence of inexperienced market participants who are easy to deceive, and of course, the high concentration of capital in cryptocurrency.
Since general crime cannot be defeated in our society, it will be impossible to deal with it in the world of cryptocurrency. Perhaps its volumes will gradually decrease as the influence of these causes is eliminated or reduced, but all the same, crime is probably an eternal phenomenon in our society.

Offline Bliznec

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Re: Will scams and Rug pull ever stop
« Reply #63 on: November 29, 2022, 10:23:26 AM »
Those cryptocurrency projects that have reached the top position of SMS require attention. I never invest in fraudulent projects, because there is no point. On poocoin, new coins, having collected enough money, immediately disappear. Let's be honest, it's true. Why then buy if you burn out.

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Re: Will scams and Rug pull ever stop
« Reply #64 on: November 29, 2022, 10:28:30 AM »
When there is a clear regulation of the industry and the first major prison sentences, the number of fraudulent projects will be sharply reduced.
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Re: Will scams and Rug pull ever stop
« Reply #66 on: December 01, 2022, 10:04:37 AM »
Sometimes you don't expect a trick at all...therefore, you can analyze the project, funds, and team along and across and still not be sure that tomorrow it will not turn out to be a scam.
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Re: Will scams and Rug pull ever stop
« Reply #66 on: December 01, 2022, 10:04:37 AM »


Offline Bobcrypto

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Re: Will scams and Rug pull ever stop
« Reply #67 on: December 01, 2022, 10:35:11 AM »
In crypto economy, and on these form of funds raising like ICOs, IEOs, IDOs, there is no way anyone or the crypto companies will be able to wipe out scams completely. In as much as there are good projects, there must also be the possibility of some scam projects that will defraud investors. in fact, there can't be a stop to scam; we are only required to be very vigilant and do a thorough research on the new start up projects before investing.

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Offline Afony

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Re: Will scams and Rug pull ever stop
« Reply #68 on: December 01, 2022, 11:14:35 AM »
As far as I remember, cryptocurrency has been looking for a solution to the problem of fraud for so long and has not yet been found, but seeing what is happening now, there is less scam. But projects are also becoming much smaller.
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Re: Will scams and Rug pull ever stop
« Reply #69 on: December 01, 2022, 03:25:12 PM »
Scams are nothing new in the financial markets and will continue to prevail in the coming time. Often new traders get in the trap of these con artists because they don’t want to work hard, they want easy money. You can’t remove scammers from the market but you can protect yourself.

Maybe until the regulation is not fixed in a country, the scam and rug pull will not disappear in my opinion. Therefore, the only thing we can do as community investors is to be careful and critical in every business we enter or invest in so we don't become victims of scammers.

Because if we are not careful and smart about these types of scammers' modus operandi, it will surely happen a few times that we become their victims in something that is not good.
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Re: Will scams and Rug pull ever stop
« Reply #70 on: December 01, 2022, 05:07:15 PM »
If there is rule that control scammers, I think It will be stopped.
But we know team projects didn't fill KYC.
Maybe if project team be KYCed, I think we can against or reduce scammers team.
Fraud and hacking will flourish in the cryptocurrency market for a long time to come. There are a lot of factors coming together here. This is the relative anonymity of the participants in this market, and the difficulty in establishing the location of the attacker, and many gullible newcomers. But practically the most important thing is that this industry is still poorly regulated by the states. If the teams of new projects were registered and left copies of their documents with the relevant government agencies, there would be much less fraud. But anyway, scammers will find ways to make money on gullible citizens.

Offline iamwarhawk

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Re: Will scams and Rug pull ever stop
« Reply #71 on: December 01, 2022, 07:39:58 PM »
Honestly they won't stop because there are always two types of people in the world, one is hard work and other scammers and these people can't think of legit ways to earn money, they tend to fool innocent people hard earned money, then only they seem that their day has ended.
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Offline elbans89

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Re: Will scams and Rug pull ever stop
« Reply #72 on: December 01, 2022, 07:45:18 PM »
Honestly they won't stop because there are always two types of people in the world, one is hard work and other scammers and these people can't think of legit ways to earn money, they tend to fool innocent people hard earned money, then only they seem that their day has ended.

Good comment, ther are two type of people, hard word and scammers.
No one can stop scammers.
Scammers  will always scam other and they will have many ways to do.
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Offline zilzylian

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Re: Will scams and Rug pull ever stop
« Reply #73 on: December 01, 2022, 11:09:19 PM »
Rugpull cannot be carried out if the project team does not sell a large number of tokens, and the team does not withdraw LP.
Yes, it's hard to see a promising project, some projects are fraudulent due to lack of funds for development

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    too active, 25 Posts in one day 2500 Posts Fifth year Anniversary
Re: Will scams and Rug pull ever stop
« Reply #74 on: December 02, 2022, 08:40:13 AM »
Rugpull cannot be carried out if the project team does not sell a large number of tokens, and the team does not withdraw LP.
Yes, it's hard to see a promising project, some projects are fraudulent due to lack of funds for development

I think we should more careful during bearish because many investors prefer to hold than invest in new project.
They more confident in top coin. It's safer.
Many scammers in new projects
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