How Does Ponzi Scheme Works? Know It And Prevent It.

in kucoin •  5 years ago 

Have you ever been scammed? Its really a heartbreaking situation. Depressing and frustrating. But, have you thought of finding a way on how you prevent being scammed or get away with Ponzi Schemes?

 There have been several scam coins and Ponzi schemes in the short  history of cryptocurrencies. This is due to a number of factors. First  and foremost is the lack of governmental oversight. In traditional  investment opportunities, there are regulatory bodies  created to identify and deal with malicious actors looking to cash in  and take advantage of uninformed investors. The Securities and Exchange  Commission serves this purpose in the United States. 

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