How are people scammed in a crypto world

As the CEO, I would like to provide the community with the most influential scam cases in the crypto industry. How to avoid scammers, keep your assets safe on the crypto market, and some extra intel about the importance of regulation - please find the advices below.

More and more investors face scam activities from fraudulent companies
or hackers, losing all hard-earned funds. The Thodex case where a founder
picked $2B of clients assets became a reason to take a closer look at crypto regulation. Many trading and exchanging platforms decided not to be regulated by trustworthy authorities. You can simply avoid scammers by choosing only well-regulated companies to work with.

is going to be regulated by an EU authority. It significantly increases business processes, sets a high-security level, and provides a positive trading and investment experience.

● DeFi contacts are not only an opportunity to get profits from your crypto but high risks as well. You should pay extra attention and conduct some research before applying. ● A well-regulated trading platform is always better because it has a license that was hard-obtained after finishing a complicated audit process; it follows laws and rules; it passes a daily regulator’s audit; it has a better security level, etc. ● Never trust a company if it claims that it provides you with profits that are several times higher than it’s common on the market. It’s the first and most significant sign of the Ponzi scheme.

● Finally, never share security details to get access to your wallet.

As we can see, it’s simple but requires much attention to .