#biggest cryptocurrency scams

[infosearched-verified]

However, it is important to note that creating a cryptocurrency is not a guarantee of success, and it requires a lot of effort and dedication to make it a viable option in the market. It is also important to comply with legal regulations and ensure that the coin is not used for illegal activities. Overall, the creation of a cryptocurrency is an exciting and innovative way to enter the world of digital currency. With the right platform and knowledge, anyone can create their own coin and potentially reap the benefits of this growing industry.

[the-witchhunter]

A coworker said the sentence “Mr beast got kids into cryptocurrency” earlier when I was wondering who a cryptocurrency themed slime ways designed for

And without looking it up I believe it but don’t want to and I don’t want to look it up because I don’t want to believe it

[argumate]

if I was SBF and about to be sentenced to a million years for running the world's biggest cryptocurrency scam I would appeal directly to the judge with a decision-theoretic argument, like look man this just isn't rational: punishment causes harm to me but doesn't help anyone else, and it can't even act as a deterrent because I knew this possibility going in and still did it anyway! a lengthy incarceration only costs money and prevents me from making a positive contribution to offset my past mistakes, nor does it prevent future crimes as my chance of reoffending is now zero given that no one would trust me with their funds and anyone who does knows exactly what to expect, so come on bro let's just wrap it up here and move on.

I'd get two million years but at least it would be clear how silly it was.

[alya-smith]

The Challenges of Developing and Sustaining a Meme Coin

Meme coins have captured the imagination of the crypto world, blending humor with technology to create a unique niche in the blockchain space. Coins like Dogecoin and Shiba Inu have proven that meme-based cryptocurrencies can gain massive popularity. However, developing a meme coin is not as easy as it may seem. This blog explores the key challenges that creators face and what it takes to overcome them.

1. Establishing Credibility in a Crowded Market

The cryptocurrency market is saturated with projects, and meme coins often face skepticism from potential investors. Many view them as jokes or scams, which makes it harder to build trust.

To overcome this, developers need a strong marketing strategy. Having a transparent team, clear goals, and a well-defined roadmap can go a long way in gaining credibility. Partnering with influencers and engaging the community on platforms like Twitter and Reddit can also help.

2. Building a Loyal Community

Meme coins thrive on community support. Unlike traditional cryptocurrencies, their value largely depends on the enthusiasm of their holders and online buzz. However, maintaining a loyal community is challenging, especially during market downturns.

Developers need to keep their audience engaged by organizing events, sharing updates, and creating memes that resonate with their followers. Offering rewards like token airdrops or contests can also motivate community participation.

3. Ensuring Liquidity and Utility

A meme coin’s survival depends on its utility and liquidity. If users cannot trade the coin easily or find a practical use for it, interest will fade quickly.

Creators should focus on listing their coins on popular exchanges to enhance liquidity. Adding real-world applications, such as enabling purchases or donations, can also provide value beyond speculation.

4. Security and Smart Contract Vulnerabilities

Launching a meme coin requires deploying smart contracts, which are vulnerable to hacks and bugs. A single exploit can tarnish the project’s reputation and cause irreversible damage.

To mitigate this risk, developers must conduct rigorous audits of their smart contracts and work with experienced blockchain security firms. Using battle-tested standards, like ERC20 or BEP20, can also reduce vulnerabilities.

5. Standing Out Amidst Competition

With hundreds of meme coins launched every month, standing out is no easy task. Many projects fail to differentiate themselves, leading to a short lifespan.

Developers should aim for a unique theme or narrative that captures attention. Whether it’s through innovative tokenomics, partnerships with brands, or creative campaigns, finding a unique angle is key to success.

6. Navigating Regulatory Challenges

Cryptocurrencies, including meme coins, face evolving regulations worldwide. Laws around token creation, fundraising, and tax implications can vary, adding complexity to the process.

It’s essential for meme coin developers to comply with local regulations and consult legal experts. Adopting a decentralized approach can also help navigate regulatory uncertainties.

7. Sustaining Long-Term Growth

The biggest challenge for meme coins is maintaining relevance. Many coins experience an initial surge in popularity but fail to sustain growth over time.

To ensure long-term success, developers should focus on continuous innovation. Introducing staking options, NFTs, or gaming integrations can keep the project exciting and attract new users.

8. Managing Market Volatility

Even more so, meme coins are highly unpredictable since they are based on speculation. Large price changes also have a negative impact on the rate of investment and morale in the related community.

During such periods, developers have to keep their lines of communication open and have to encourage property holding as opposed to speculative investments. Raising the general public’s understanding of market processes can also prevent distress.

Conclusion

While creating a meme coin is as simple as launching an ERC-20 token, it takes a lot more effort to build and maintain such a cryptocurrency. It involves elements of creativity, business savvy and endless outreach. When the principles of credibility, utility, security and sustainability are addressed, meme coin creators can raise their probability of success.

That said, the road for many may not be easy but the rewards which can be gleaned from this world especially for those able to provide both humor and value may be well worth it as the world continues to grow in the crypto space.

[mostlysignssomeportents]

Red Team Blues excerpt

My next novel is Red Team Blues, a noir technothriller/heist novel about Marty Hench, a forensic accountant who is the most fearsome financial sleuth in Silicon Valley history. Marty has spent 40 years unwinding tech’s biggest, sleaziest scams, and now he’s ready to retire �� but first he has to do one more job:

https://pluralistic.net/2023/01/13/marty-hench/#red-team-blues

If you’d like an essay-formatted version of this post to read or share, here’s a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2023/01/27/enshittification-resistance/#one-last-job

My publisher, Tor Books, has just published the first sneak-peek at Red Team Blues, an exclusive excerpt from Chapter 4, where Marty explains to his old friend Raza why he’s doing this job, and she helps him figure out how to crack it:

https://www.torforgeblog.com/2023/01/26/excerpt-red-team-blues-by-cory-doctorow/

I haven’t been this excited about a book since 2006, when Little Brother battered its way out of my fingertips in eight weeks flat (the first draft of Red Team Blues took only six weeks!). Tor agreed — they bought this book and two prequels: The Bezzle (about private prison tech) and Picks and Shovels (about affinity scams in the heroic age of the PC).

The early reviews have been spectacular: Booklist got there first, calling it “Another winner from an sf wizard who has always proved himself adept at blending genres for both adults and teens.”

Next was Library Journal, who wrote, “This absorbing and ruthless cyberpunk thriller from Doctorow tackles modern concerns involving cryptocurrency, security, and the daunting omnipotence of technology.”

https://www.libraryjournal.com/review/red-team-blues-1794647

Then came Publishers Weekly, with “Doctorow brings a thoroughness and honesty to a subject masked by techno-babble and emotional hype (‘all that blockchain for good shit’) to deliver a clear-eyed warning about how crypto is used (money laundering) and what it costs (billions of tons of CO2).”

I can’t wait for this one to drop in April!

https://us.macmillan.com/books/9781250865847/red-team-blues

{image ID: The cover of the Tor edition of Red Team Blues, designed by Will Staehle.]

books, red team blues, marty hench, pulp fiction, cryptocurrency, science fiction

[cryptographytech]

WAO Project

Cryptocurrencies have taken the financial world by storm, revolutionizing the way we think about money and transactions. And now, a new cryptocurrency has entered the scene, promising even greater security, stability,privacy, and ease of use. In this blog, we'll introduce you to this new cryptocurrency and explore what makes it unique.

What is the New Cryptocurrency?

The new cryptocurrency is called WAO Project token(WAO) listed on vindex.com, and it was created with the goal of addressing some of the biggest challenges facing the world of cryptocurrencies today. Some of these challenges include:

* Scalability: As more people use cryptocurrencies, the current infrastructure is struggling to keep up. Transactions can take hours or even days to process, and fees can be prohibitively high.

* Security: With billions of dollars worth of cryptocurrencies being stolen in hacks and scams, security is a major concern for users.

* Privacy: While cryptocurrencies promise anonymity, many are actually quite transparent, allowing anyone to see transaction details and account balances.

* Usability: For many people, cryptocurrencies are still too difficult to use. The process of buying, storing, and using cryptocurrencies can be confusing and intimidating.WAO is launching its own marketplace where you can shop and play games and earn rewards

The creators of WAO tokens believe they have addressed these challenges with a new cryptocurrency that is fast, secure, private, and easy to use.

How Does it Work?

The new cryptocurrency is based on a blockchain, just like many other cryptocurrencies. However, it uses a different consensus mechanism that allows for faster transactions and lower fees. This consensus mechanism is also more secure, making it less vulnerable to attacks and hacks.

In terms of privacy, the WAO token uses advanced cryptography to ensure that transactions are truly anonymous. No one can see transaction details or account balances, making it much harder for third parties to track users' activities.

And when it comes to usability, the WAO token is designed to be as easy to use as possible. Users can buy and store WAO token through a user-friendly interface, and transactions can be completed in just a few seconds.

Why Should You Consider Using It?

If you're already familiar with cryptocurrencies, you may be wondering why you should consider using this new one. Here are just a few reasons:

* Faster transactions: With lower fees and faster processing times, you can send and receive WAO token more quickly than other cryptocurrencies.

* Enhanced security: The advanced security measures used by WAO token make it less vulnerable to hacks and scams.

* Greater privacy: By keeping transactions and account balances private, WAO token helps protect your financial information.

* Improved usability: With a user-friendly interface and intuitive features, WAO makes it easy for anyone to use cryptocurrencies.You can use WAO tokens for many uses like you can buy daily uses thing which you buy on e-commerce website WAO project launched their on e-commerce site where you can buy many thing which you buy on e-commerce site and even you can buy a e bike and play games and earn rewards.

Of course, as with any cryptocurrency, there are always risks involved. Before investing in WAO token or any other cryptocurrency, it's important to do your research and understand the potential risks and rewards.

Conclusion

The world of cryptocurrencies is constantly evolving, and the introduction of a new cryptocurrency like WAO Project Token is just one example of how the industry is changing. With its focus on speed, security, privacy, and usability, WAO Token promises to be a major player in the world of cryptocurrencies in the coming years. Whether you're an experienced cryptocurrency user or just getting started, it's worth keeping an eye on this exciting new development.

[lady-eveningstar]

Ruja Ignatova

is a Bulgarian-born German entrepreneur best known as the founder of a fraudulent cryptocurrency scheme known as OneCoin, which The Times described as "one of the biggest scams in history." She was the subject of the 2019 BBC podcast series The Missing Cryptoqueen and the 2022 book of the same name. Ignatova boarded a flight to Athens on October 25, 2017, and has not been seen since.

Since her disappearance, Ignatova has long been presumed to be on the run from various international law enforcement agencies. The FBI has offered up to five million dollars for any information leading to her arrest. In early 2019, she was charged in absentia by U.S. authorities for wire fraud, securities fraud and money laundering. She was added to the FBI Ten Most Wanted in June 2022. Ignatova is the subject of an Interpol warrant issued by German authorities.

Reporting in 2023 and 2024 suggested that Ignatova may have been murdered in 2018 on the orders of Bulgarian organised crime figure "Taki" Hristoforos Nikos Amanatidis, who is suspected of initially sheltering her.

[creativeimproved]

Armin Ordodary, FSM Smart and Lau Global Services (2024)

In the era of CFDs and binary options, massive international forex scams arose. With the peak occurring in or around 2015, many of them began operating between 2010 and 2012. Legislators and regulators needed some time to recognize emerging trends and devise effective countermeasures. The beginning of 2014 saw regulators issue warnings about binary options, signaling the end of the FX gold rush. It took three more years for regulators to formally outlaw binary options. A few international forex scammers duped hundreds of thousands of retail investors between 2012 and 2017. One of the criminal groups that created a wave of illicit binary options, forex, and cryptocurrency trading methods is Lau Global Services Corp. Media has requested additional information to establish an EFRI funds recovery campaign.

The FSM Smart Broker Scheme by Armin Ordodary

The fraudulent broker scheme FSM Smart (www.fsmsmart.com) has been aggressively gaining clients through their Serbian boiler room Upmarket d.o.o., according to information provided to the media by whistleblowers. Benrich Holdings Ltd., a company based in Cyprus, is the only shareholder in this boiler room. Armin Ordodary, a resident of Cyprus, is a director of both companies. Upmarkt is only one of the Lau Global Services Corp scheme’s several boiler rooms. FinTelegrem has information that indicates FSM Smart and Armin Ordodary are involved in the “Lau Scheme.

The “Lau Scheme” has only a few minor branches, including the Serbian Upmarkt d.o.o. Kiev, Ukraine, has served as something of an epicentre for additional boiler rooms that have already been discovered in other jurisdictions. For instance, call centre addresses in Kiev were discovered by the Russian website Forex Scam (www.forex-scam.net). Apart from E&G Bulgaria, Lau Global Services Corp is unquestionably one of the biggest illicit broker enterprises on the planet. Even with so many offshore connections, this operation appears to be run out of Ukraine and the Balkans.

However, let’s begin with FSM Smart and work our way up to the larger picture. Early in 2018, the illicit broker FSM Smart made its debut. Investor cautionary note regarding the current FSM Smart (www.fsmsmart.com) scheme:

August 2018: In the summer of 2018, the Financial Markets Authority (FMA) of New Zealand issued a warning on FSM Smart.

In November 2018, the Canadian watchdog in Manitoba (MSC) issued an investor warning against FSM Smart, while the financial market regulatory organisation in Switzerland, 

FINMA issued a warning against the company. FSM Smart’s contact address is reportedly Hertensteinstrasse 51, 6004 Luzern in Switzerland.

The Global Services Network of Lau

It is clear that there are connections between the operators of the FSM Smart scams and other con artists, such as MTI Markets (www.mtimarkets.com). According to reports, Lau Global Services Corp., the company behind this unlawful broker, also ran the following other illicit broker schemes:

TradingMX (http://www.tradingmx.com)

(www.lgs-corp.com) LGS Corp.

(www.tradingbanks.com) TradingBanks

Trade12: https://www.trade12.com

mtimarkets.com, the website of MTI Markets

(www.grizzly-ltd.com) Grizzly

The following companies have been linked to the Lau Global Services Group by the Media team:

Belize’s Lau Global Services Corp.

Serbian Upmarkt d.o.o.

Global Fin Services Ltd (UK), Exo Capital Markets Ltd (Marshall Islands), and MTI Investments LLC or MTI Markets Ltd (Marshall Islands)

Malta-based Grizzly Ltd.

Cyprus-based R Capital Solutions Ltd.

Cyprus-based Benrich Holdings Ltd.

SIO Ltd (Cyprus)

Eyar Financial Corp Limited (Vanatu)

Most of the businesses don’t have a website or aren’t active on social media. Armin Ordodary, a resident of Cyprus, appears to be involved in the “Lau Scheme.” The last several months have seen the disappearance of all the websites and social media accounts he is directly related to going offline. Only to bring up his SIAO Ltd. The reason behind this is the question.

Regulators from many jurisdictions issued numerous warnings to the brands and businesses connected to Lau Global Services Corp.

August 2015: MXTrade and Lau Global Services were the targets of an investor alert by the Italian CONSOB;

September 2015: MXTrade and Lau Global Services were the targets of an investor alert from Cyprus agency CySec;

April 2016: The Belgian Financial Services Authority (FSMA) cautioned investors.

Nov. 2016 saw the Australian regulator ASIC issue a warning to investors about MXTrade; Nov. 2016 saw the New Zealand regulator FMA issue a warning to investors about EXO Capital Markets Ltd. trading as Trade12; 

Nov. 2017 saw the Guernsey regulator issue a warning to investors about Exo Capital Markets Ltd. trading as Trade12;

numerous other warnings regarding the various trading styles (domains/brands)

The Facebook page of Lau Global Service Corp is still accessible, even though the majority of the network’s illicit broker websites have since gone offline. It is purported that R Capital Solutions Limited, a financial services firm registered in Cyprus (HE329922) with licence number 246/14, approved and regulated by the Cyprus Securities Exchange Commission, was the previous owner and operator of the MXTrade brand. 2015 saw the alleged transfer of the MXTrade name and customer base to Lau Global Services. R Capital Solutions, however, disputes that it ever had any relationship with MXTrade in a corresponding statement:

R Capital Solution’s declaration about MXTrade

But from what I’ve read in a few forums, it appears that R Capital Solutions was working with MXTrader up to the middle of 2015. Emails obtained by Media appear to indicate that R Capital Solutions did, in fact, run MXTrader up to the middle of 2015.

Lau Global Services is also a shareholder in Grizzly Ltd., a Malta-based company that formerly operated payment services for such illicit and dishonest broker schemes, according to Offshore Leaks Database. This can be seen, for instance, on an old MTI Markets website. Shlomo Matan Shalom Avshalom, an Israeli, is listed as a director of Grizzly Ltd. Grizzly Ltd was involved in the “Lau” Scheme and possessed several illicit trading brands, according to various sources and forums.

The legal companies involved in illicit broker schemes typically make regular changes to deceive Google, law enforcement, and clients. In particular, the front shell firms that are usually run by “monkeys” are changing a lot.

Individuals Found in the Network

The individuals listed in the FSMSmart network include Mathew Bradley, Ali Mahmoudi, and Armin Ordodary, a resident of Cyprus who is purportedly a former Windsor Brokers employee. Born in January of 1991, Armin Ordodary has registered multiple forex trading domains during the years of 2013 and 2014. In addition, he serves as the director of Bythos Yachts Management OÜ in Estonia.

The well-established ties that Armin Ordodary

We are unable to determine at this time if Armin Ordodary was a lieutenant in Cyprus or one of the scheme’s masterminds. In actuality, we have managed to determine his affiliation with businesses, endeavours, and undertakings within the illicit brokering landscape. He has ties to both the Nepcore project and SIAO Ltd, a provider of FOREX services. Additionally, we are aware that he oversees the Upmarkt boiler room in Serbia, which provided services to FSM Smart. He offered marketing services for the “Lau Scheme’s illicit trading styles through Nepcore.

[coingalaxy]

Crypto Scandals Exposed: Lessons from History’s Biggest Breaches and Scams

The Turbulent History of Cryptocurrency: Scandals That Shaped the Market The cryptocurrency market, known for its groundbreaking innovations, has also faced numerous scandals that have tested investor confidence and exposed critical vulnerabilities. From notorious hacks to elaborate frauds, these incidents underscore the need for heightened security measures and stricter regulatory oversight to…

[dreamweavermode]

ROBERT VELGHE – AN AUSTRIAN CRYTPO-MLM ENGINEER’S GIGANTIC PLANS

Blockchains and cryptocurrencies are said to have great potential for change. As Silicon Valley jargon puts it, they would be disruptive technologies. The industry has already undergone lasting changes—that of network marketing and multi-level marketing (MLM). Instead of perfumes, food supplements, or plastic dishes, crypto-mining and crypto-trading packages are now sold to investors. Most crypto-MLMs bill crypto-mining as a sort of private money creation with high returns and a low-risk profile.

2017 was a fantastic year for those crypto-MLMs as it was for ICOs. With the rising prices of Bitcoin, Ether & Co, some crypto-MLM investors have achieved really good returns, at least on screen. Hundreds of millions of dollars worldwide have been invested in Crypto-MLM, and, unfortunately, a considerable part of this has already been lost in the course of scams like OPTIOMENT, GAINBITCOIN, or GBMINERS. Most of those Crypto-MLMs are bump-and-dump schemes with extremely short life-span. Thanks to cryptocurrency, it’s super-easy to anonymously grab investors’ funds and run.

The advantage of crypto-MLM’s is their global reach. Potential investors can be approached worldwide via the Internet and the social media. Despite its announcement that it will no longer allow crypto advertising, Facebook is the Crypto-MLM’s playground. Investors are acquired in many Facebook groups and corresponding cheering messages are spread. Leading MLM distributors often maintain huge Facebook groups with tens of thousands of members. We estimate that there are currently up to 500,000 crypto-MLM investors worldwide.

A great player in this crypto MLM game is the Austrian Robert VELGHE. VELGHE sold electricity contracts before entering the crypto-MLM scene. In this respect, one could say that his entry into crypto-mining was almost a logical step. Electricity and crypto-mining are related topics, as crypto-mining is a huge power guzzler. Worldwide bitcoin mining already has a power requirement of a small state. VELGHE founded its crypto-MLM OMNIA TECH in 2017, initially under the domain www.omnia-tech.eu. His co-founder, partner, and CEO was Christian Michel SCHEIBENER.

VELGHE is always busy with polishing his OMNIA TECH and diligently produces bullish announcements about the OMNIA TECH universe. A partnership with the world’s leading crypto-mining company Genesis Mining was announced, for example, but Genesis Mining publicly disputed this partnership.

OMNIA TECH would only be one of many customers in the company’s mining facilities, Genesis Mining made clear. VELGHE subsequently announced the opening of mining centers in Sweden, Austria and most recently in Armenia.

The world’s largest crypto-mining center?

In Armenia, OMNIA TECH and the Armenian Multi Group wanted to build the world’s largest crypto-mining center with investments of more than 2 billion dollars. According to a press report, VELGHE also said that he would expect Facebook, Google, and Amazon to join the project:

“We are going to establish the biggest production of cryptocurrency in the world with more than 150,000 machines for producing bitcoin, ethereum and other cryptocurrencies,” co-founder of Omnia Tech Robert Velghe said. Velghe revealed that this is just the beginning of the company’s cooperation with Armenia as, according to him, they are planning to implement other technological projects too, with 500 companies, including Facebook, Google and Amazon set to join (Source: Horizon Weekly)

OMNIA and OmegaPro founder Robert Velghe

Robert Velghe

Bad luck for VELGHE that the Armenian head of government had to leave the office shortly after VELGHE’s announcements (but not because of that) and the project lost its political support.

Furthermore, there are always doubts and massive critics in reviews and comments that OMNIA TECH doesn’t have the mining capacities it says it has. Everything sounds very impressive in the first place, doesn’t it? But the fact is that OMNIA TECH is referred to in many reviews as a Ponzi scheme or scam. Maybe everything sounds too good to be true? But maybe negative reviews are simply wrong. However, it is certain that there have been massive problems with OMNIA TECH.

The break-up, stolen money, and an announced million-dollar lawsuit

Everything has always been gigantic at OMNIA TECH. Everything has been big and super-impressive since the Crypto-MLM scheme was launched in the summer of 2017. Following the “think big paradigm“, VELGHE also brought on board the famous ISLAM brothers, who are among the superstars of the MLM scene and allegedly have a network of 31,000 distributors. Moyn and Monir ISLAM also held 25% of the shares in OMNIA TECH, they said. The big OMNIA TECH kick-off show in London with the ISLAM brothers resulted in an equally big chaos within a few weeks.

VELGHE’s partner Christian Michel SCHEIBENER left after a few months and founded its own crypto-MLM NEXUS GLOBAL. Allegedly there were problems between SCHEIBENER and the ISLAM brothers.

The ISLAM brothers then separated from OMNIA TECH a few weeks ago and reported massive irregularities at OMNIA TECH and stolen money in an email to their downline distributors. We have received the corresponding communication, and the ISLAM brothers purport that they plan to sue OMNIA TECH for $20 million and suggest taking a class action against VELGHE and OMNIA TECH.

Robert VELGHE, on the other hand, told us that he had actually fired the ISLAM brothers because they had stolen from OMNIA TECH. Whatever the actual circumstances, stability looks different. Both parties agree that a lot of money was stolen from OMNIA TECH. They blame each other for stealing funds. We hope that it doesn’t turn out that both parties have taken their share. Unfortunately, OMNIA TECH has not disclosed information on these circumstances. Silence is better than bad news, obviously.

A necessary restart after just a few months does not generate investor confidence. The turbulence has spread to the domain. OMNIA TECH has been redesigned under the domain www.omniatek.com With offices in Gibraltar and Armenia and Milan SORMAZ as CEO. Whether and how things will continue after the turbulence with OMNIA TECH remains to be seen.

[taylor1234morgan]

Avoiding Future Losses: Lessons from Investment Scam Recovery Cases

Digital has also increased investment opportunities where novice as well as experienced traders can derive wealth accrual. However, the growth in accessibility has also led to a rise in investment scams and tears left to victims through both emotional and financial turmoil. While it is quite difficult to recover from an investment scam, we can learn some vital lessons from these examples of how not to lose out in the future.

An Overview of an Investment Scam Understanding

Investment scams usually promise high returns with no or negligible risk. Scammers appeal to emotions, such as trust, fear or greed, to bait naive people into the trap. Common investment scams include:

Ponzi schemes:

These are schemes whereby returns are paid out using funds from new investors and not from real profit.

Pump and dump schemes:

Fraudsters artificially inflate the stock prices for their advantage at the disadvantage of other investors.

Cryptocurrency Scams:

Engage the customers in digital currencies; after that, use them to allure them into fake exchanges or fake ICOs.

Fake Investment platforms are phishing websites or applications disguised as legitimate trading platforms

The disastrous results of these scams make caution and wise sense very necessary.

Some Must Knows from Cases on Investment Scam Recovery

1. Verify Before Investment

Failure to verify the legitimacy of the investment opportunity is the main mistake that victims make when they fall prey to scams. Interestingly, most scam recovery victims confess that they did not undertake enough research either on the business or the person pitching it.

Habits that one should avoid:

Verify the business is registered with Local Regulatory Agencies such as SEC,

Research internet reviews and personal testimonies for red flag indications.

Warning signs are unwanted solicitations, especially when they push you to act on a spur-of-the-moment basis.

2. Be Aware of Risks

A lack of understanding of the risks involved is always part of a recovery process. Phishers feed off such exaggerated claims as "guaranteed returns" or "risk-free investments."

How not to:

Be knowledgeable about the various forms of investment and their risks.

Remember that some form of risk is attached to all legitimate investment opportunities. If it sounds too good to be true, then it probably is.

3. How to avoid this:

Emotional decision-making is one of the biggest causes for financial mistakes. In order to lure victims into making impulsive decisions, the scammers often create urgency, FOMO in other words.

How to avoid it:

Take your time deciding among the choices. Any investment in real life is always safe to weigh all considerations.

Do not decide when you are under influence or overly optimistic or fearful.

4. Safely Utilize Reliable Websites

Most people become victims of a scam because they access unauthentic or fake websites. Scammers design applications or websites that look professional so that their scheme will look legitimate.

How to avoid this:

You should stick with reputable and tried-and-tested investment websites that have a good name for being reliable.

Verify the legitimacy of the site, including its compliance with regulations and license.

5. Be Cautious of Excessively Intricate Scams

Some scams use highly complex investment strategies as a way of intimidating and persuading their victims. In fear and confidence of the con artist's skill, victims avoid asking questions.

How to avoid this:

So, invest only when you understand

Seek independent financial advice when something is difficult to understand or you suspect a tactic is being used on you

6. Keep a record of everything

Inability to keep proper records haunts most victims to lose money. For legal and recovery purposes, agreements, communications, and transactions need to be documented

How to avoid this:

Keep proper records of all the communication you make with the investment provider.

Record every email and bill, amongst other evidence of your investment.

7. Report Scam Activities

Many victims keep the crime a secret because of embarrassment or shame over being victims of the scam. Ironically, they may not report scams, and it thus becomes harder to recover and, at the same time, enable fraudsters to target other people.

Ways to prevent this:

Report suspected activities to authorities or regulatory agencies once aware.

For instance, you can check whether the company has faced complaints filed against it through third-party sources such as FINRA or FCA in your country.

What to Do If You Have Already Been Scammed by Investment Fraud

While prevention is key, knowing what to do if you have already been scammed is equally important:

Stop further transactions: Quit giving the fraudster any more money or transfers.

Speak with your payment processor or bank; they may be able to reverse the transaction or offer advice

Obtain evidence: Gather all correspondence, invoices, and other records pertaining to the fraud.

Seek expert assistance: Certain organizations focus on reclaiming money from fraudulent schemes. To prevent being a victim of a secondary scam, thoroughly investigate these services.

Report the offense: Report to the online fraud reporting systems, financial regulators, or even the police enforcement.

Conclusion, stay safe and informed.

The rise in investment scams raises the importance of being watchful and well-informed about the finance sector. With due measures and lessons from previous recovery cases, it is possible to check the potential of investors significantly at least from becoming a victim of these scams. And as they say, 'an informed, questioning mind is always best for safeguarding one's financial future.'.

Make prudent investments and exercise care at all times. Before making any decisions, when in doubt, seek advice from a reliable financial counselor.

[empoweredexplorations]

ARMIN ORDODARY, FSM SMART AND LAU GLOBAL SERVICES

In the era of CFDs and binary options, massive international forex scams arose. With the peak occurring in or around 2015, many of them began operating between 2010 and 2012. Legislators and regulators needed some time to recognize emerging trends and devise effective countermeasures. The beginning of 2014 saw regulators issue warnings about binary options, signaling the end of the FX gold rush. It took three more years for regulators to formally outlaw binary options. A few international forex scammers duped hundreds of thousands of retail investors between 2012 and 2017. One of the criminal groups that created a wave of illicit binary options, forex, and cryptocurrency trading methods is Lau Global Services Corp. Media has requested additional information to establish an EFRI funds recovery campaign.

The FSM Smart Broker Scheme

The fraudulent broker scheme FSM Smart (www.fsmsmart.com) has been aggressively gaining clients through their Serbian boiler room Upmarket d.o.o., according to information provided to the media by whistleblowers. Benrich Holdings Ltd., a company based in Cyprus, is the only shareholder in this boiler room. Armin Ordodary, a resident of Cyprus, is a director of both companies. Upmarkt is only one of the Lau Global Services Corp scheme’s several boiler rooms. FinTelegrem has information that indicates FSM Smart and Armin Ordodary are involved in the “Lau Scheme.”

The “Lau Scheme” has only a few minor branches, including the Serbian Upmarkt d.o.o. Kiev, Ukraine, has served as something of an epicentre for additional boiler rooms that have already been discovered in other jurisdictions. For instance, call centre addresses in Kiev were discovered by the Russian website Forex Scam (www.forex-scam.net). Apart from E&G Bulgaria, Lau Global Services Corp is unquestionably one of the biggest illicit broker enterprises on the planet. Even with so many offshore connections, this operation appears to be run out of Ukraine and the Balkans.

However, let’s begin with FSM Smart and work our way up to the larger picture. Early in 2018, the illicit broker FSM Smart made its debut. Investor cautionary note regarding the current FSM Smart (www.fsmsmart.com) scheme:

August 2018: In the summer of 2018, the Financial Markets Authority (FMA) of New Zealand issued a warning on FSM Smart.

In November 2018, the Canadian watchdog in Manitoba (MSC) issued an investor warning against FSM Smart, while the financial market regulatory organisation in Switzerland, 

FINMA issued a warning against the company. FSM Smart’s contact address is reportedly Hertensteinstrasse 51, 6004 Luzern in Switzerland.

The Global Services Network of Lau

It is clear that there are connections between the operators of the FSM Smart scams and other con artists, such as MTI Markets (www.mtimarkets.com). According to reports, Lau Global Services Corp., the company behind this unlawful broker, also ran the following other illicit broker schemes:

TradingMX (www.tradingmx.com)

(www.lgs-corp.com) LGS Corp.

(www.tradingbanks.com) TradingBanks

Trade12: https://www.trade12.com

mtimarkets.com, the website of MTI Markets

(www.grizzly-ltd.com) Grizzly

The following companies have been linked to the Lau Global Services Group by the Media team:

Belize’s Lau Global Services Corp.

Serbian Upmarkt d.o.o.

Global Fin Services Ltd (UK), Exo Capital Markets Ltd (Marshall Islands), and MTI Investments LLC or MTI Markets Ltd (Marshall Islands)

Malta-based Grizzly Ltd.

Cyprus-based R Capital Solutions Ltd.

Cyprus-based Benrich Holdings Ltd.

SIO Ltd (Cyprus)

Eyar Financial Corp Limited (Vanatu)

Most of the businesses don’t have a website or aren’t active on social media. Armin Ordodary, a resident of Cyprus, appears to be involved in the “Lau Scheme.” The last several months have seen the disappearance of all the websites and social media accounts he is directly related to going offline. Only to bring up his SIAO Ltd. The reason behind this is the question.

Regulators from many jurisdictions issued numerous warnings to the brands and businesses connected to Lau Global Services Corp.

August 2015: MXTrade and Lau Global Services were the targets of an investor alert by the Italian CONSOB;

September 2015: MXTrade and Lau Global Services were the targets of an investor alert from Cyprus agency CySec;

April 2016: The Belgian Financial Services Authority (FSMA) cautioned investors.

Nov. 2016 saw the Australian regulator ASIC issue a warning to investors about MXTrade; Nov. 2016 saw the New Zealand regulator FMA issue a warning to investors about EXO Capital Markets Ltd. trading as Trade12; 

Nov. 2017 saw the Guernsey regulator issue a warning to investors about Exo Capital Markets Ltd. trading as Trade12;

numerous other warnings regarding the various trading styles (domains/brands)

The Facebook page of Lau Global Service Corp is still accessible, even though the majority of the network’s illicit broker websites have since gone offline. It is purported that R Capital Solutions Limited, a financial services firm registered in Cyprus (HE329922) with licence number 246/14, approved and regulated by the Cyprus Securities Exchange Commission, was the previous owner and operator of the MXTrade brand. 2015 saw the alleged transfer of the MXTrade name and customer base to Lau Global Services. R Capital Solutions, however, disputes that it ever had any relationship with MXTrade in a corresponding statement:

R Capital Solution’s declaration about MXTrade

But from what I’ve read in a few forums, it appears that R Capital Solutions was working with MXTrader up to the middle of 2015. Emails obtained by Media appear to indicate that R Capital Solutions did, in fact, run MXTrader up to the middle of 2015.

Lau Global Services is also a shareholder in Grizzly Ltd., a Malta-based company that formerly operated payment services for such illicit and dishonest broker schemes, according to Offshore Leaks Database. This can be seen, for instance, on an old MTI Markets website. Shlomo Matan Shalom Avshalom, an Israeli, is listed as a director of Grizzly Ltd. Grizzly Ltd was involved in the “Lau” Scheme and possessed several illicit trading brands, according to various sources and forums.

The legal companies involved in illicit broker schemes typically make regular changes to deceive Google, law enforcement, and clients. In particular, the front shell firms that are usually run by “monkeys” are changing a lot.

Individuals Found in the Network

The individuals listed in the FSMSmart network include Mathew Bradley, Ali Mahmoudi, and Armin Ordodary, a resident of Cyprus who is purportedly a former Windsor Brokers employee. Born in January of 1991, Armin Ordodary has registered multiple forex trading domains during the years of 2013 and 2014. In addition, he serves as the director of Bythos Yachts Management OÜ in Estonia.

The well-established ties that Armin Ordodary

We are unable to determine at this time if Armin Ordodary was a lieutenant in Cyprus or one of the scheme’s masterminds. In actuality, we have managed to determine his affiliation with businesses, endeavours, and undertakings within the illicit brokering landscape. He has ties to both the Nepcore project and SIAO Ltd, a provider of FOREX services. Additionally, we are aware that he oversees the Upmarkt boiler room in Serbia, which provided services to FSM Smart. He offered marketing services for the “Lau Scheme’s illicit trading styles through Nepcore.

[thriveventures]

ARMIN ORDODARY, FSM SMART AND LAU GLOBAL SERVICES (2024)

In the era of CFDs and binary options, massive international forex scams arose, with the peak occurring in or around 2015, many of them began operating between 2010 and 2012. Legislators and regulators needed some time to recognize emerging trends and devise effective countermeasures. The beginning of 2014 saw regulators issue warnings about binary options, signaling the end of the FX gold rush. It took three more years for regulators to formally outlaw binary options. A few international forex scammers duped hundreds of thousands of retail investors between 2012 and 2017. One of the criminal groups that created a wave of illicit binary options, forex, and cryptocurrency trading methods is Lau Global Services Corp. Media has requested additional information to establish an EFRI funds recovery campaign.

The FSM Smart Broker Scheme by Armin Ordodary

The fraudulent broker scheme FSM Smart (www.fsmsmart.com) has been aggressively gaining clients through their Serbian boiler room Upmarket d.o.o., according to information provided to the media by whistleblowers. Benrich Holdings Ltd., a company based in Cyprus, is the only shareholder in this boiler room. Armin Ordodary, a resident of Cyprus, is a director of both companies. Upmarket is only one of the Lau Global Services Corp scheme's several boiler rooms. FinTelegram has information that indicates FSM Smart and Armin Ordodary are involved in the “Lau Scheme.”

The "Lau Scheme" has only a few minor branches, including the Serbian Upmarket d.o.o. Kiev, Ukraine, has served as something of an epicenter for additional boiler rooms that have already been discovered in other jurisdictions. For instance, call center addresses in Kiev were discovered by the Russian website Forex Scam (www.forex-scam.net). Apart from E&G Bulgaria, Lau Global Services Corp is unquestionably one of the biggest illicit broker enterprises on the planet. Even with so many offshore connections, this operation appears to be run out of Ukraine and the Balkans.

However, let's begin with FSM Smart and work our way up to the larger picture. Early in 2018, the illicit broker FSM Smart made its debut. Investor cautionary note regarding the current FSM Smart (www.fsmsmart.com) scheme:

August 2018: In the summer of 2018, the Financial Markets Authority (FMA) of New Zealand issued a warning on FSM Smart.

In November 2018, the Canadian watchdog in Manitoba (MSC) issued an investor warning against FSM Smart, while the financial market regulatory organization in Switzerland,

FINMA issued a warning against the company. FSM Smart's contact address is reportedly Hertensteinstrasse 51, 6004 Luzern in Switzerland.

The Global Services Network of Lau

It is clear that there are connections between the operators of the FSM Smart Scheme and other con artists, such as MTI Markets (www.mtimarkets.com). According to reports, Lau Global Services Corp., the company behind this unlawful broker, also ran the following other illicit broker schemes:

TradingMX (http://www.tradingmx.com)

(www.lgs-corp.com) LGS Corp.

(www.tradingbanks.com) TradingBanks

Trade12: https://www.trade12.com

mtimarkets.com, the website of MTI Markets

(www.grizzly-ltd.com) Grizzly

The following companies have been linked to the Lau Global Services Group by the Media team:

Belize’s Lau Global Services Corp.

Serbian Upmarket d.o.o.

Global Fin Services Ltd (UK), Exo Capital Markets Ltd (Marshall Islands), and MTI Investments LLC or MTI Markets Ltd (Marshall Islands)

Malta-based Grizzly Ltd.

Cyprus-based R Capital Solutions Ltd.

Cyprus-based Benrich Holdings Ltd.

SIO Ltd (Cyprus)

Eyar Financial Corp Limited (Vanuatu)

Most of the businesses don’t have a website or aren’t active on social media. Armin Ordodary, a resident of Cyprus, appears to be involved in the “Lau Scheme.” The last several months have seen the disappearance of all the websites and social media accounts he is directly related to going offline. Only to bring up his SIAO Ltd. The reason behind this is the question.

Regulators from many jurisdictions issued numerous warnings to the brands and businesses connected to Lau Global Services Corp.

August 2015: MXTrade and Lau Global Services were the targets of an investor alert by the Italian CONSOB;

September 2015: MXTrade and Lau Global Services were the targets of an investor alert from Cyprus agency CySec;

April 2016: The Belgian Financial Services Authority (FSMA) cautioned investors;

Nov. 2016 saw the Australian regulator ASIC issue a warning to investors about MXTrade; Nov. 2016 saw the New Zealand regulator FMA issue a warning to investors about EXO Capital Markets Ltd. trading as Trade12;

Nov. 2017 saw the Guernsey regulator issue a warning to investors about Exo Capital Markets Ltd. trading as Trade12;

numerous other warnings regarding the various trading styles (domains/brands)

R Capital Solution's Declaration About MXTrade

The Facebook page of Lau Global Service Corp is still accessible, even though the majority of the network’s illicit broker websites have since gone offline. It is purported that R Capital Solutions Limited, a financial services firm registered in Cyprus (HE39292) with licence number 246/14, approved and regulated by the Cyprus Securities Exchange Commission, was the previous owner and operator of the MXTrade brand. 2015 saw the alleged transfer of the MXTrade name and customer base to Lau Global Services. R Capital Solutions, however, disputes that it ever had any relationship with MXTrade in a corresponding statement:

Individuals Found in the Network

The individuals listed in the FSMSmart network include Mathew Bradley, Ali Mahmoudi, and Armin Ordodary, a resident of Cyprus who is purportedly a former Windsor Brokers employee. Born in January of 1991, Armin Ordodary has registered multiple forex trading domains during the years of 2013 and 2014. In addition, he serves as the director of Bythos Yachts Management OU in Estonia.

The Well-Established Ties that Armin Ordodary

We are unable to determine at this time if Armin Ordodary was a lieutenant in Cyprus or one of the scheme’s masterminds. In actuality, we have managed to determine his affiliation with businesses, endeavours, and undertakings within the illicit brokering landscape. He has ties to both the Neoproject and SIAO Ltd, a provider of FOREX services. Additionally, we are aware that he oversees the Upmarket boiler room in Serbia, which provided services for the FSM Smart. He offered marketing services for the “lau Scheme`s illicit trading styles through Nepcore.

[oliverethanrobin]

Escape MLM Crypto Schemes: Avoid Unrealistic Returns and Recruitment Traps

White-label Crypto MLM Software empowers businesses with seamless auto payments, efficient user and admin panels, and robust scalability. This solution enables companies to launch quickly with a fully customizable platform that enhances user experience and management efficiency. Tailored to boost growth, it's the key to a streamlined crypto MLM model.

Escape MLM Crypto Schemes: Avoid Unrealistic Returns and Recruitment Traps

As cryptocurrency continues to grow in popularity, it's no surprise that various schemes and scams have also surfaced. Among these, MLM (multi-level marketing) crypto schemes are becoming increasingly common. While MLMs themselves are not inherently illegal, when combined with cryptocurrency, they can become predatory, relying on unrealistic promises of high returns and recruitment-focused models.

In this blog, we’ll explore how to identify and avoid MLM crypto schemes, and what to look out for to protect your investments.

What Are MLM Crypto Schemes?

MLM crypto schemes often blend the structure of multi-level marketing with the allure of high cryptocurrency profits. In these schemes, participants are typically encouraged to invest in a specific cryptocurrency or token and then recruit others to do the same. The promise is usually that as you bring in more recruits, you’ll earn commissions or bonuses, often through a complicated compensation plan.

However, many of these schemes focus less on actual crypto trading or investment and more on growing the recruitment network. This pyramid-like structure can lead to the downfall of the scheme, as eventually, there won't be enough new participants to sustain the payouts.

Warning Signs of MLM Crypto Schemes

Unrealistic Promises of High Returns One of the biggest red flags in MLM crypto schemes is the promise of incredibly high returns with little to no risk. Any investment that claims guaranteed or unusually high profits, especially in the volatile world of cryptocurrency, should be approached with caution. Legitimate crypto investments come with risk, and no one can guarantee consistent returns. If it sounds too good to be true, it probably is.

Focus on Recruitment Over Product MLM schemes typically emphasize recruiting new members over the actual product or service being sold. If the scheme talks more about expanding your network and building downlines than about the cryptocurrency or technology behind it, that’s a significant red flag. In a legitimate business, the focus should be on the value of the product or service, not solely on getting more people involved.

Complex and Confusing Compensation Plans Another characteristic of MLM crypto schemes is overly complex compensation structures. If the commission plan is difficult to understand, involves multiple tiers, or requires a lot of recruiting to see any real profit, it could be a sign of a pyramid scheme. Genuine opportunities offer clear and straightforward ways to earn based on your own contributions, rather than the recruitment of others.

No Real Product or Service Many MLM crypto schemes don't have a real product or service behind them. Instead, they use cryptocurrency tokens or "investment packages" that promise future value. However, these tokens often have no real-world use or technology backing them, making them essentially worthless. If the "investment" is in a token that isn’t listed on any reputable exchange or doesn’t have a clear utility, it’s worth investigating further.

Pressure to Act Quickly Scammers often create a sense of urgency, pressuring you to act quickly before an “exclusive” opportunity closes. They might use fear of missing out (FOMO) to lure you into the scheme. If you’re being pressured to join or invest without proper time for research, take a step back and consider the risks.

The Recruitment Trap: How It Works

The recruitment aspect of MLM crypto schemes can be incredibly harmful. In these schemes, new participants are told they can make money simply by recruiting others into the program. While early participants might earn some money, this model is unsustainable over time. Eventually, the pool of new recruits dries up, and the scheme collapses, leaving latecomers with significant losses.

Moreover, the constant pressure to recruit can damage personal relationships and lead to social isolation. Those involved may find themselves in a never-ending cycle of recruitment, trying to keep up with the scheme’s demands while seeing little to no return on their investment.

How to Protect Yourself from MLM Crypto Scams

Do Your Research Before investing in any cryptocurrency project, make sure to do thorough research. Check the legitimacy of the company, its team members, and the technology behind the token. If the information is vague or non-existent, it’s best to stay away. Also, look for reviews and experiences from other users. If there are numerous reports of people losing money or having difficulty withdrawing funds, consider it a red flag.

Understand the Business Model Take the time to understand how the platform or company is making money. If the focus is entirely on recruitment, with little emphasis on the product or service, it’s likely a pyramid scheme. Genuine investments generate revenue from the product or service offered, not from bringing in new members.

Be Skeptical of High Returns If the opportunity promises guaranteed returns or extremely high profits, approach with caution. No legitimate investment can promise consistent, high returns without risk. Cryptocurrency markets are notoriously volatile, and any platform offering such guarantees is likely misleading investors.

Check for Licensing and Regulation A legitimate cryptocurrency business will often operate under certain licenses and regulations, depending on the country or region. Make sure the company or exchange you’re considering is properly licensed and regulated to avoid falling into a scam.

Avoid High Initial Fees Many MLM crypto schemes require a high initial investment or membership fee, with the promise of future returns. If the initial costs seem excessive or are followed by constant demands for additional investments, it’s a red flag.

Conclusion: Be Smart, Stay Safe

While cryptocurrency is an exciting and evolving space, it's also a fertile ground for scams and fraudulent schemes. MLM crypto schemes, in particular, prey on people’s desire for financial freedom and quick profits. However, the risks are high, and many of these schemes collapse, leaving participants with significant financial losses.

[thekollab]

Why is Authenticity Key in Crypto Influencer Marketing?

Why will some crypto influencers resonate so much with their audience, while others fail miserably? What is the secret ingredient of making particular voices stand out amidst the crowd? It might just surprise you: it is not about dazzling graphics or complex jargon but something much more basic – authenticity. Let's know more about it!

The Power of Genuine Voices in Crypto

The need for connections arises in a world that feels digitized, complex, and full of digital currencies and blockchain technology. People want to get information from experiences related to real people, who feel their anxiety and can talk to them face-to-face. Here's where authentic crypto influencers stand out.

Authentic influencers do not repeat a lot of information. Instead, they tell from their own experiences, with both positive and bad situations. They also often admit if they do not know something; they are not afraid to show that they are learning. This helps build trust between themselves and their audiences.

Why Authenticity Matters in Crypto Marketing?

The crypto world moves fast. New coins, technologies, and regulations pop up all the time. In this ever-changing landscape, people need trustworthy guides. They want influencers who will give them the straight facts, not just hype up the latest trend.

Authentic influencers do more than just promote products or services. They educate their audience, helping them understand the complex world of cryptocurrency. This education builds a stronger, more engaged community around crypto projects.

The Risks of Inauthentic Influencer Marketing

The worst happens when fake influencers diffuse the wrong information among people. Due to such biased or half-baked information, one might make ill-advised investments in inappropriate assets. This could eventually lead to financial losses and erosion of trust in the entire cryptosystem.

Inauthentic marketing can also harm your brand reputation. If an influencer is found dishonest or promoting scams, they automatically become a bad rep for the companies they deal with. In extreme cases, this can attract lawsuits and regulatory attention.

Building Trust Through Authentic Content

So how do authentic influencers build trust? They do it through consistent, honest communication. They share their real thoughts and feelings about crypto projects, even when those opinions aren't entirely positive.

Authentic influencers also engage with their audience. They answer questions, address concerns, and participate in discussions. This two-way communication helps build a strong, loyal community around them.

The Role of Transparency in Crypto Influence

Transparency is the essence of authenticity in a crypto influencer marketing agency. It is open to partnerships, sponsorships, and personal investments. The more open influencers are about their relations to crypto projects, the more competent their audience will be.

Transparent influencers also give out methods of research. They reveal how they rank crypto projects as well as what things they consider valuable. These processes have enabled individuals to discover things for themselves and, in turn, empowered them with the ability to carry out their research.

Balancing Promotion and Education

Probably the biggest dilemma for crypto influencers is finding the right balance between promotion and education. Authentic influencers do not promote a product; they add value to their audience by educating them and showing them insights.

For instance, this can manifest by developing in-depth guides on blockchain technology or breaking down complex concepts in crypto into easily understandable pieces. Niche education allows an influencer to create a more knowledgeable and engaged audience.

The Impact of Authentic Influencers on Crypto Projects

When crypto projects work with authentic influencers, they see better results. These influencers can explain the project's benefits in a way that resonates with their audience. They can also honestly address concerns and skepticism, which builds credibility for the project.

Authentic influencers also tend to attract a more committed audience. Their followers are more likely to stick with a project long-term, rather than just jumping on the latest hype train.

Choosing the Right Influencers for Your Crypto Project

Selecting the right influencers is crucial for successful crypto marketing. Look for influencers who align with your project's values and have a genuine interest in your technology. Their enthusiasm will come across as authentic to their audience.

Consider working with a crypto marketing agency to find the right partners for your project. These agencies have connections with a wide range of influencers and can help match you with voices that resonate with your target audience.

The Future of Authentic Crypto Influencer Marketing

As the crypto industry matures, the demand for authentic voices will only grow. People are becoming more savvy about influencer marketing and can spot insincerity from a mile away. The influencers who will thrive are those who prioritize honesty, transparency, and genuine value for their audience.

For crypto projects, this means focusing on long-term relationships with influencers rather than one-off promotions. It means giving influencers the freedom to share their honest opinions, even if they're not always 100% positive.

Measuring the Success of Authentic Influencer Campaigns

How do you know if your authentic influencer marketing is working? Look beyond simple metrics like follower counts or engagement rates. Pay attention to the quality of conversations happening around your project. Are people asking thoughtful questions? Are they showing a deeper understanding of your technology?

A crypto marketing agency can help you track these more nuanced metrics and adjust your strategy accordingly. They can also help you identify influencers who are genuinely resonating with your target audience.

Final Words 

In the fast-paced world of cryptocurrency, authenticity stands out. It builds trust, fosters community, and drives real engagement. For crypto projects looking to make a lasting impact, partnering with authentic influencers is not just a good strategy – it's essential.

Remember, in crypto influencer marketing, honesty and transparency are your most valuable assets. By prioritizing authenticity, you're not just promoting your project – you're contributing to a more trustworthy and sustainable crypto ecosystem. 

Whether you're a crypto project looking for influencers or an influencer yourself, always strive for genuine connections and real value. Your audience will thank you for it, and your success will be all the more meaningful.

[criptox]

"Trump Cryptocurrency SEC President: A Pro-Crypto Opportunity"

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Trump and the Future of Cryptocurrency: A New Era for the SEC?

The waves of change in the cryptocurrency world continue to ripple through the corridors of power, and the recent appointment of a pro-crypto SEC president could signify a turning point. In this article, we'll explore the implications of these developments and how they may shape the future for digital currencies.

The Political Climate and Cryptocurrency

As the cryptocurrency landscape evolves, political leaders have begun to take notice. Former President Donald Trump has always been a polarizing figure, but his views on cryptocurrency may hold significant sway in the upcoming regulatory landscape. With his assertive approach towards innovation, Trump could play a pivotal role in advocating for a more favorable environment for crypto enthusiasts.

Meet the New SEC President

The Securities and Exchange Commission (SEC) is tasked with overseeing financial markets, and its leadership can profoundly impact the direction of cryptocurrency regulations. The newly appointed president has shown a clear understanding of digital assets and seems eager to create a more approachable framework for both investors and innovators. This shift could indicate a welcome change from previous administrations that often took a cautious stance.

Support for Innovation: With a pro-crypto leader, the SEC might prioritize fostering innovation in the crypto market, making it easier for startups to thrive.

Clearer Regulations: One of the biggest hurdles in the crypto space has been the ambiguity surrounding regulations. A new approach may lead to more clarity for businesses and consumers.

Protecting Investors: While promoting growth, the SEC will also aim to implement measures that protect investors from fraudulent schemes.

Challenges Ahead

Despite the optimistic outlook, challenges remain. The cryptocurrency market is still seen as a Wild West, where new scams and risks emerge regularly. The SEC's mission will be complicated by the need to balance regulatory measures with the spirit of innovation that fuels the blockchain sector. Investors and advocates will need to remain vigilant as changes unfold.

What This Means for Investors

For those in the crypto space, embracing this new era could lead to new opportunities. Pro-crypto regulations may unlock more access to investment and help legitimize the industry in the eyes of traditional investors. However, skepticism remains, and it's crucial for investors to stay informed about any new policies and their potential impacts on the market.

In conclusion, as Trump and the new SEC president gear up to take on the challenges of regulating cryptocurrency, it’s an exciting time for crypto enthusiasts and investors alike. The evolving narrative around digital currencies could ultimately help pave the way for mainstream acceptance and integration into the financial system. Staying educated and engaged will be essential as we watch this space closely.

Final Thoughts

Whether you're a seasoned investor or new to the world of cryptocurrencies, understanding the political and regulatory changes will be key to navigating this exciting and uncertain landscape. With a hint of optimism on the horizon, it seems that the future of cryptocurrency could be brighter than ever, provided we take proactive steps towards clarity and security.

``` "Trump Cryptocurrency SEC President: A Pro-Crypto Opportunity"