Fraud and security in DeFi: how do investors manage these risks?

Written by Rob Gaskell CEO of Applod DeFi Ltd, offering specialist DeFi advice

Whenever there is a big scam or a “rug-pull” in the crypto sector you can bet that story will get covered exhaustively, as can be seen by Time.com’s recent article: ‘Influencers Are Scamming Their Fans Through Crypto. Here’s How Their Tactics Have Evolved’. Someone promotes a fraudulent project then flees with investors’ Ethereum? That’s front-page news. Someone gets defrauded of a half-million dollars when trying to buy a collection of NFTs…