The Cryptonomatron: Top 5 Biggest Scams In Cryptocurrency EVER
11-04-2018
Today I take a look at the top 5 biggest cryptocurrency scams ever! I take a quick look at each of the five projects that turned out to be scams to extort people out of their crypto. From exchange hacks to ICOs, from ponzi schemes to exit scams, all of them have conned people into parting with billions of dollars. There's a few honourable mentions for cryptocurrency scams that didn't make the cut too.
0:19
#5 - AriseBank
The Best Little ICO Scam In Texas
https://www.forbes.com/sites/jeffkauflin/2018/02/05/the-best-little-ico-scam-in-texas/#19e86b622492
4:46
#4 - BitConnect
BitConnect, Anatomy of a Scam
https://hackernoon.com/bitconnect-anatomy-of-a-scam-61e9a395f9ed
12:35
#3 - Mt. Gox
The History of the Mt Gox Hack: Bitcoin’s Biggest Heist
https://blockonomi.com/mt-gox-hack/
19:45
#2 - Coincheck
How to Steal $500 Million in Cryptocurrency
http://fortune.com/2018/01/31/coincheck-hack-how/
22:04
#1 - Ifan and Pincoin
Exit Scam: Vietnamese Cryptocurrency Company Goes Dark
https://coinjournal.net/exit-scam-vietnamese-cryptocurrency-company-goes-dark-after-allegedly-duping-investors-of-us660m/
I was not paid or sponsored to do this video, this is my own opinion and as I am not a financial adviser, this video should not be taken as financial advice. Always invest at your own risk and never invest more than you can afford to lose.
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