Tag: online trading scammers
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Danger alert; Soft Rug Pulling in Crypto All-stars (Crypto All-stars Review)
The cryptocurrency market has seen explosive growth, attracting both genuine investors and opportunistic scammers like Crypto All-stars. One of the most deceptive forms of crypto fraud at Crypto All-stars is the soft rug pull, a subtle and insidious scam where they slowly drain a project’s value while maintaining a facade of legitimacy. Unlike hard rug…
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Impersonation by BitGlobal (BitGlobal Review)
Cryptocurrency (crypto) trading has become increasingly popular, attracting millions of investors worldwide. However, as the industry grows, so does the prevalence of scams, with impersonation being one of the most effective methods used by BitGlobal. Impersonation scams in Crypto trading involve criminals pretending to be legitimate brokers, traders, influencers, or even regulatory authorities to deceive…
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Spoofing in PROoption24 (PROoption24 Scamming Review)
Spoofing is a deceptive trading practice used by PROoption24 to manipulate prices and deceive investors. This fraudulent strategy involves placing fake buy or sell orders to create a false sense of market demand or supply. Traders often rely on algorithms to generate large volumes of fake orders, creating an illusion of demand that can artificially…
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Technical Vulnerabilities at TradeOgre (TradeOgre.com Reviews)
Online trading has gained significant popularity in the recent times, attracting millions of traders worldwide. However, the rapid growth of these markets has also led to an increase in fraudulent activities. TradeOgre.com is hereby exposed as they exploit the technical vulnerabilities of online trading platforms, wallets, and networks to deceive investors. This article explores the…
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Social Media Manipulation to lure investors by SwizzPro (SwizzPro Review)
Social media has become a powerful tool for communication, networking, and business. However, it has also become a breeding ground for scammers like SwizzPro who use deceptive tactics to lure unsuspecting investors. These scams exploit social media platforms to manipulate potential victims into fraudulent schemes, leading to significant financial losses. This article explores how SwizzPro…
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Tokenlon Exchange overcharging its clients – Snake oil salesmen of the digital world
As much as online trading has revolutionized commerce, it has also given rise to unethical practices, such as overcharging clients. Overcharging occurs when sellers inflate prices, add hidden fees, or employ deceptive practices to extract more money from consumers than what is fair or justified. These are the activities of an online scammer to avoid.…
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Coinut Review – Online trade imposters
The rise of cryptocurrency has revolutionized the financial landscape, offering decentralized, borderless, and secure systems of exchange. While cryptocurrency platforms have made it easier to buy, sell, and trade digital assets, they have also become fertile ground for scammers. Coinut for instance exploit the lack of regulation, technical complexities, and public enthusiasm around cryptocurrencies, leaving…
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FundedPrime review; Bogus traders to avoid
Proprietary trading, or prop trading, is a legitimate form of trading where firms trade on their own account, using their own capital instead of clients’ money, to make a profit. However, FundedPrime falsely present themselves as legitimate prop trading firms but are actually scams designed to defraud clients. Here’s how they work, the tactics they…
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iFOREX Review; Fake investment gurus
iFOREX is a CFD trading platform that was developed in 1996 with the purpose of creating a secure, high-tech platform. CFDs, or Contracts for Difference, are financial derivatives that allow traders to speculate on the price movements of an asset without owning the asset itself. Assets refer to stocks, commodities, or currencies. In CFD trading,…
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NBFC-S review; Digital asset scammers
The volatile nature of the crypto market, the risk of scams, and technical complexities often lead to unfortunate incidents where individuals lose access to their digital funds. This loss creates a fertile ground for opportunists, particularly traders or self-proclaimed crypto recovery experts, who promise to retrieve lost assets. While some genuinely help, Nbfc-s exploit victims’…