Where there is a large amount of money, there is bound to be grift. It’s just human nature. From Bernie Madoff to Centennial Technologies all the way back to Yazoo Land Fraud. Folks have been getting scammed out of their hard earned money for a while now and crypto is no different. In this video we’re going to take a look at the history of scams and schemes and how they are still at play in crypto today.
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1:21 Price Fixing
1:48 Libor Scandal
3:11 Pump and Dump
6:37 Ethereum Max
7:35 Bear Raiding
8:53 Painting the Tape / Wash Trading
11:05 Closing Remarks
All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice.
#bitcoin #economy #crypto #inflation