Lately there have been many people harmed by having invested in scam projects. What's worse is that some projects seem to be so good that they are even listed on major exchanges, where investors consider it a more reliable place to buy.
But now, exchanges are already starting to pay more attention to the projects registered on them and this is great for us investors.
Knowing that Coinbase this week removed three crypto tokens that were signaling they would scam investors, also known as the “Rug Pull”, made investors much more hopeful and confident. However, of course, it's important remember that they still beeing the only responsable by their investiments.
So, I ask myself: how far does the decentralized power of an exchange go? And what could be done to slow down even more scam projects?