“A piece of information you may not know: The crypto market has become a haven for fraudsters who have failed or been punished in global stock markets. They turned to crypto because it is a market without controls or regulatory legislation, and no responsible authority to track them down and hold them accountable, which gives them complete freedom to practice all kinds of fraud.
An important rule: The more volatile the market, the greater the risks and fraud in it.
The most prominent example? Elon Musk.
His history is full of attempts to manipulate the American market, and he exploited crypto to repeat the same game with complete freedom, exploiting traders’ passion for quick profit.
Always be careful… Crypto is not just an opportunity, but also an open arena for smart people and fraudsters