It’s really a bad news. This type of hacking and scamming is making the market more polluted. For this reason people are hesitate in invest in here and also the haters of crypto take the advantage and spread more rumor about it.

The news about Tether and the fake coin cartel were the most devastating news in the market till date. But still, this does not define the market. There are good things going on in the market too. We just need to see the bigger picture here.

Hello,

Unfortunately this is the bad side of the crypto world. As soon as you have money involved you will surely have people who wanted to earn more and more and earn by cheating and stealing from others because it is sometimes easier than working or be patient.

But I think that there is more and more improvment on security that will lead to purifiy the market and let ess and less place for scammers and cheaters. an dit is also a work for everybody to help by transmiting this kind of informations and advice new people into the market.

If what was said was true, I think. That is something bad. But, has the situation been so bad? Or is it just a kind of disappointment, about the current market conditions?

Cryptocurrency's materialization has been a great venue for illegal doings even from the start.
Especially since perpetrators can always hide their identities through blockchain technology.
That is why it may be sad to say but it is a reality and we cant deny the fact that cryptocurrency can and will always be used for illegal acts.

Even though they are still surprising and chills the spine to hear, they are old news. And the market recovered from it and there are good sides to it that we need to see too.

If this is true then it is really devastating. When all of this is a part of a play and crypto is a big scam that would be a very bad news. But I would assume this is not true and is part of a black propaganda. Many people are into crypto not just ordinary people have given there full support and trust in cryptocurrency and even invested a big amount of money. We are not foolish here I believe. We are in the right track, this news is not true.

The main problem with all these shady sites and services that we are encountering is that the whole crypto space is unregulated and no government in the world has taken significant steps to solve these problems. As a result, scams, fraudulent activities and manipulation is still existing in the market. I hope a country like U.S or China takes the control of regulatign the crypto space and try to help the investors here while getting benefits for themselves.

Unfortunately, cryptocurrencies can't be spared from the shady side. Like obviously everything in this world.
Scams and frauds have become something that is often connected with Bitcoin and other cryptocurrencies because people are just trying to misuse everything they can and come to the profit on easy but illegal and shady way.
But don't forget that we can't blame cryptocurrencies for that, it's just the human nature and that is hard to fight.
That is why it's important to promote positive sides of cryptocurrencies.