2022-12-28 09:21:30
How to Protect Yourself from Investment Scams Investing can be a great way to grow your wealth and achieve financial security, but it's important to be cautious and aware of potential scams.
In recent years, there have been numerous cases of
fraudulent organizations promising high returns or stable investments, only to defraud their customers and leave them with significant losses.
One example of this is the
Stablefund incident, where the company promised to offer stablecoins (cryptocurrencies intended to maintain a stable value)
called SFUSD, but ultimately shut down and may have engaged in fraud.
This serves as a reminder that it's crucial to be
vigilant and protect yourself from potential scams.Conclusion: From V1 to V2, the promise to return the investors
(was actually a gimmick to grab more money) but we all know this is not true. Stay away with all these promised statement, they created token from “thin air” to grab more liquidity and made false promises to its investors in order to attract more money.
Give this post a
Thumbs-Up and
share it if you found it helpful or informative.
308 viewsedited 06:21