Crypto Wars
- Cryptocurrency is an innovation that made huge gains for early investors – but it quickly became a “Wild West” of deception.
- By 2019, people had lost billions of dollars to crypto “exit scams.”
- OneCoin wasn’t a real cryptocurrency, and its mysterious founder vanished.
- Bitconnect was a Ponzi scheme based on a trading bot.
- The biggest crypto fraud ever took place in Asia.
- “Cloud mining” became the next big thing in crypto.
- It’s simple to manipulate minor cryptocurrencies’ markets.
- Despite the scams, cryptocurrency is changing the world for the better.
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