Tag: exit scam

NovaChain Exit Scam Highlights the Danger of Trusting Crypto Influencers

Influencers are cancer upon our society today. While these people get paid to share sponsored opinions on products and services, they are not necessarily a reliable source of information. This is especially true in the cryptocurrency industry, where no one’s opinion should be trusted. The recent NovaChain scam shows how users should always conduct their own research first and foremost. NovaChain Isn’t a Trading bot When people first learned about …
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Has Cryptocurrency Exchange Bitsane Pulled an Exit Scam?

A lot of things are happening in the world of cryptocurrency. While not all of these developments are prominent or even positive, it is important to keep tabs on everything that is going on. It now appears the Bitsane exchange has become defunct and they may have stone customer funds in the process.  What is Going on With Bitsane? Not everyone in the cryptocurrency world will be familiar with the …
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Top 6 Cryptocurrency Exit Scams

Every time money is involved in any business model or project, there is a good chance an exit scam will occur sooner or later. In the cryptocurrency industry, such exit scams are a lot more common than one might think. The following examples show how one should never trust another person on the internet, no matter the business model involved. Influencer Crypto Brahma’s Moon Club It is not uncommon to …
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Savedroid ICO May Have Pulled a $50M Exit Scam

It has become more than apparent that there will always be risks associated with initial coin offerings. If the recent Savedroid debacle is any indication, determining the truth amidst a sea of FUD and misinformation will continue to be a challenge. Even so, there are a lot of concerns over this particular project, as its CEO may have run off with $50 million in funding. The Savedroid Plot Thickens Anyone who has kept …
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