ZachXBT has raised concerns over increasing attacks on crypto traders in Western Europe, Hong Kong, and Singapore.
Source: ZachXBT Telegram
This might not be limited to these places; bad people are all over. I think there are some necessary steps the crypto industry should take.
Security matter
Crypto is replacing cash, but that doesn't mean bad actors won't go digital. Traders are also advised not to open their identity and avoid unnecessary KYC. Celebrities should hire security and should have guard dogs as pets, not lapdogs. Never boast about your earnings.
Business matter
Merchants should not offer any goods or services if they are paid by addresses used by robbers or hackers. Crypto will replace cash when people's money is not used by others.
Whitehat Industry to Track Down the Robbers
The crypto industry needs to trace down the robbers and recover the funds; don't let them use anything. White Hats are a cyberdefense cell "of the people, by the people, and for the people."
