Image for post
Image for post
Pinned tweet on Twitter profile for Boxmining

Scams have been around as long as people have traded. There are always chancers looking to make a quick buck or more at the expense of others.

One of the great advantages of cryptocurrencies is that they are based on blockchain technology that should be safe and secure. So, it’s incredibly ironic that the level of scamming in the cryptocurrency area is ridiculously high, especially in the area of promoting ICOs.

Telegram is a perfect breeding ground for scammers, who send random messages to ICO teams in group chats, or approach marketing people one to one.

If you are running an ICO, be prepared for your Telegram chat room to be peppered with people pretending to be reputable YouTubers, who, if not found out, might look for funds up front for a promotional video that will not materialise. …


Tina Fotherby

I’m a lover of tech, innovation and inventions that will improve the world. I support those in the blockchain space making people’s lives better.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store