Cointelligence Blog

How can this scam continue? The short answer is brute force. In all my years of exposing scams, I have never seen the cult belief so strong. The top “leaders” that haven’t left the sinking ship, have been gulping on the Ponzi/pyramid Kool-Aid for so long that it is all that runs in their veins.

Reviewing the contracts in-depth, our analysis shows the current contract implementation allows the contract’s operator to halt all withdrawals from the mixer. The full technical details are available below.

Nobody would be surprised if cryptocurrencies have been used for nefarious means, the same could be said for any measure of currency that exists. But what if you found out the industry has been systematically exploited to blatantly launder cartel cocaine money right underneath our noses (pun intended)?

G20 countries discussed how to realize the standards set by FATF in Osaka this summer. Even though some problems may occur, G20 members state risks associated with cryptocurrencies can be prevented. They suggested several scenarios.

In addition to market risk, crypto-assets can be incredibly complex and have attracted countless scams, in addition to hackers who prowl for opportunities to steal users crypto-related data if not stored correctly.

Malta has been praised for its commitment towards building and supporting the cryptocurrency industry, and has in fact established itself as a major fintech hub. Due to its forward-looking approach in relation to cryptocurrencies and DLTs, Malta has managed to engage global pioneers in the crypto exchanges sector.

At Cointelligence, we have built our reputation on providing well-researched guides on various cryptocurrency and blockchain topics and impartial ratings of ICOs, STOs, IEOs, and exchanges. We have learned how best to audit cryptocurrency projects and exchanges. Now, you can harness our research skills for your own needs.

Another person might not fight for a few hundred Euros worth of charges that should not have been made, which means so many people lose their money because banks falsely charge them and nobody does anything about it. Not the governments, not the regulators, not the customers.