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Crypto scam in Taiwan exceeded $30 million

[vc_row][vc_column][vc_paragraph text=”According to Gao Hongay, Taiwan politician, the investment frauds and blockchain scams last year have significantly increased.“][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=”Crypto investors should be especially careful” size=”medium”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”During the governmental press conference experts demonstrated various devices invented and spread be crypto fraudsters, including credit cards and mobile network cards.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Hong Zhenzhe, the head of banking department at the Commission for financial management, said that investors should consider all possible risks before putting money into cryptos.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”He warned that if an investment instrument promises higher profit than the traditional market this can be related to illicit activities and scam.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Bitcoin, Ethereum and blockchain have become “trend” words. Furthermore, the technology’s utility for issuing new tokens and high price volatility lead to the increase of speculations and scam.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”In result of some well-known crypto cons like Plustoken investors lost about 200 000 BTC.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”One American criminal had recently been reported missing for a crypto scam amounting to $722 million, and was finally arrested in Indonesia for sexual offenses.”][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=”Previously the Federal trading commission ” size=”medium”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”published an article entitled “What you should know about crypto?” that describes differences between cryptocurrencies and fiat.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Ранее Федеральная торговая комиссия опубликовала страницу «Что нужно знать о криптовалюте», в которой подчеркивается разница между криптовалютой и фиатом.”][/vc_column][/vc_row]

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Why banks fear Facebook Libra

[vc_row][vc_column][vc_paragraph text="The Facebook Libra project, despite being under implementation and facing regulatory challenges, has proved to be a nightmare for ...