Crypto scams gain ground in India
Businessmen and wealthy people from the Asian country are the main objective of digital scammers
Crypto scams in India have become a major problem, due to the ignorance of entrepreneurs and rich people about the financial world and the crypto market.
Although there is a wide range of alternatives to get money using cryptocurrencies, the most used is deception through fraudulent exchange sites, which promise to be a savings and investment platform, ensuring an almost astronomical return, but when sending cryptocurrencies to account of the scam, the service of the alleged exchange stops working.
Unfortunately the index of victims of crypto scams in India is increasing. The most recent case was that of a man who believed in the false promises and ended up losing a total of $ 50,000. Likewise, a businessman who delivered the equivalent to $ 3,000,000 lost the complete amount.
Information campaign
The best way to avoid crypto scams in India is through general information campaigns. Despite the country launched some time ago an internal campaign to ban crypto, it is necessary to guide the population through a comprehensive training system, which bring the information to the public of all ages and walks of life.
Alternatives like these will allow increasing individual patience and logic, in order not to be tempted by offers that are too good to be true, because these are the main attraction that seduces people who are scammed in the crypto world in general.
K. Villarroel
Source: technology
