Common Crypto Scams
Common Crypto Scams

Common Crypto Scams

This is a place I will post news about crypto scams and how to avoid them.

Escobar Cash (ECH) - An Elaborate Scam

21 Feb 2022 1 minute read 3 comments TheTimeCraft

What is Escobar Cash? Escobar Cash is a cryptocurrency that is a fork of Ripple. It was created by Escobar Inc. The company was founded in 2015 by Pablo Escobar's brother, Roberto Escobar. The company claims that Escobar Cash is the world's first Hy...

OneCoin: A $4 Billion Scam

25 Jan 2022 1 minute read 0 comments TheTimeCraft

What was OneCoin? OneCoin was a cryptocurrency Ponzi scheme. It was launched in 2014 by Ruja Ignatova. Investors lost over $4 Billion in the OneCoin scam. The scam attracted many investors through many launches. Ruja convinced many people in 175 cou...

3 More Common Crypto Scams

10 Jan 2022 1 minute read 1 comment TheTimeCraft

In the crypto world there are many more scams than you think. In 2021 scammers stole around $14 Billion from investors. These are a few common scams and ways to avoid them. 1) Fake Mobile Apps A way crypto scammers trick investors is by creating fa...

Crypto Scams Pose A Significant Threat To New Investors

9 Jan 2022 2 minute read 3 comments TheTimeCraft

Crypto Scams are on the rise and they pose a significant threat to new investors. Crypto and Blockchain technology are becoming more popular every day. 1 in 10 people invest in cryptocurrencies, and more than 1 in 3 crypto investors know very little...