It has become increasingly easy to spot cryptocurrency-related websites which are a front for a scam. In the case of BitcoinCashTradingLimited, it is not hard to see what is going on exactly. Anyone investing in this company will lose their money, as there are far too many red flags to ignore.  It’s a Fake Company Even though BitcoinCashTradingLimited has been a registered domain name since July of 2018, it seems …
[Read More]

Shortly after receiving cease-and-desist letters from the State of Texas and North Carolina, BitConnect (BCC) discontinued its lending platform, effectively shutting down the Ponzi scheme and leaving investors with stacks of worthless BCC tokens as compensation for their dollars lost. When BitConnect announced the shutdown, the coin instantly dropped 90% and has since continued to depreciate. While this was great news for the majority of investors that recognized the nature of …
[Read More]

A lot of bitcoin Ponzi schemes make people believe their offering is legitimate. This is part of the reason why these scams are so successful, although users are smartening up and are trying to avoid HYIP schemes. CryptoBusinessWorld has been getting some traction lately, even though their plans are anything but legitimate. It is best users avoid this platform altogether. Do Not Invest Money in CryptoBusinessWorld While this particular bitcoin HYIP …
[Read More]