Scary Project in Cryptocurrency ??

[aiviaa485]

It makes sense that we should stay away from projects that will become scams because I'm sure there are also lots of projects that smell like schemes and scams that make something very scary for our assets.
I hope all members in this forum stay away from what has happened so far in the cryptocurrency space that has a negative feeling because cryptocrurency is decentralized.
Has anyone in this forum ever come across a scary project ??

[TomPluz]

I would assume that 99% of the people in this forum somehow, somewhere, sometime encountered and even became victims of different types of scams and fraudulent schemes which are so prevalent in the cryptocurrency industry. Those online scammers that used to be peddling HYIPs and Ponzi schemes are now in cryptocurrency and they are producing as many projects as possible so they can scam innocent people millions of money. Though am so positive with the cryptocurrency industry, there are really many bad actors here and it is so hard to get rid of them and they are good in making themselves look and sounds like angels.

[innerpumper]

vI found it on an exchange I call the ghost exchange. Because they list a lot of coins without clear information, even some coins on the list without having a network like blockchain projects in general.
In the end, they really ran away it turned out they were part of the coin exchange itself, and they made private coins just to take advantage of whoever invests there, The coins are liza, lambo, lizambo in the yobit market.

[shadowdio]

Yes nowadays there are many scam projects in the crypto space and it's difficult to detect a scam project because some of them looks genuine and you will convince to invest.. We have to be careful when investing in the new project.