Wash Trade Crypto Scams-One of the Dirtiest Tricks on the Blockchain Have you heard the expression “It’s a wash!” Well, if you think about the meaning of this phase, you’ll understand how one of the major crypto scams works. In fact, according to the National Bureau of Economic Research, wash trading accounts for 70% of …
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How the IRS Fights Crypto Scams Just when it seems that crypto scams are getting away with their shenanigans, another means of uncovering these cybercriminals comes to light. The IRS is also nabbing crypto criminals for tax evasion. Tax evasion is, of course, a serious offense. The charge hasn’t been mentioned much in relation to …
10 Crypto Scams We’re Already Seeing in 2023 Cryptocurrency has definitely shown its volatility in the past year. It’s true that 2022 had plenty of ups and downs for the crypto sector, from the steep fall in bitcoin price to the multitude of high-profile crypto scams such as the FTX collapse that cost crypto holders …
TradeSparkle Broker Review Do you Wonder If TradeSparkle Is a Scam Broker or Legitimate? TradeSparkle has a nice and shiny name. It claims to have headquarters in 63 different countries and offers trading of forex and CFD. Not only could we confirm that TradeSparkle has this many locations, but we couldn’t confirm it has a …
Arkrich Broker Review Do you Wonder If Arkrich Is a Scam Broker or Legitimate? Arkrich is a broker that doesn’t tell the public much about itself. We can’t see the names, addresses, or credentials of the people who run it. This isn’t a good sign. A regulated broker should want to highlight its staff, brokers …
Financex Broker Review Do You Want to Know if Financex Is a Scam Broker or Legitimate? FinanceX seems to be a reputable broker. It has a nice logo and plenty of articles about it. However, there is a version of FinanceX that seems to be fraudulent. It could be that Financex is a clone that …
EasyCrypto4U Broker Review Do you Wonder If EasyCrypto4U Is a Scam Broker or Legitimate? EasyCrypto4U isn’t an impressive name. However, can we look beyond the hyped-up name of the company and try to find reasons to open an account? We can’t think of a reason to trust this broker, because it clearly isn’t regulated. Without …
Moneta Forex Broker Review Do you Wonder If Moneta Forex is a Scam Broker or Legitimate? Do you want to know more about Moneta Forex? Good luck. There is very little information on their website about the people who run Moneta Forex. We couldn’t find any names, addresses or contact information. Of course, we couldn’t …
GMPortal Broker Review Do you Wonder If GMPortal is a Scam Broker or Legitimate? GMPortal wants to attract investors, and yet they don’t seem to want people to know who they are. That’s the impression we got looking at their website. Plenty of promotional content, but not one bit of information about who’s behind it …
TEDEX Broker Review Do you Wonder If Tedex is a Scam Broker or Legitimate? Have you run across Tedex and considered opening an account? Just don’t! We have a whole laundry list of suspicions about this broker. First, its license comes from St. Vincent and the Grenadines–a place with very lax regulations. You can’t depend …