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How to Avoid the Latest COVID-19 Cryptocurrency Scams 2022

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In recent weeks, we have seen reports of several scams whereby well-intentioned people are being duped into transferring payment, often in the form of cryptocurrency, thinking that they are either helping victims of COVID-19 or acquiring much needed medical provisions. For example, it has been reported that scammers impersonating World Health Organisation ( WHO ) and Centers for Disease Control and Prevention (CDC) officials have been spamming inboxes in an attempt to get people to click on malicious links or donate Bitcoin to help the fight against COVID-19. The City of London Police’s National Fraud Intelligence Bureau (NFIB) has warned against such scams involving emails and texts purporting to be from organisations affiliated with the WHO and CDC. The NFIB said, “They claim to be able to provide the recipient with a list of coronavirus infected people in their area. In order to access this information, the victim needs to click on a link, which leads to a malicious website, or is ...
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How Crypto is Changing for Institutional Investment

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 The crypto sphere has long had a reputation for being a space inhabited by thieves, hackers, money launderers, drug dealers, and other criminals. This reputation has, of course, always been greatly exaggerated. The majority of crypto investment has been speculation based on the price of a highly volatile but extremely undervalued asset class. However, that's not to say that the reputation is completely unfounded. Much criminal activity has been able to thrive thanks to the anonymity and lack of regulation afforded by crypto scam recovery . That is rapidly changing, though. As the market cap of crypto has increased, more and more scrutiny has been brought to the space. Because of how accessible every transaction on a publicly shared blockchain is, this scrutiny has meant that users' anonymity is not the implicit necessity that it once was. Crypto's Rocky Past   Crypto has often been characterized as a bit of a financial Wild West, and it's hard to disagree with this. As...
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