2min chapter

Crypto Critics' Corner cover image

The Verification Scam, How it Works, and Why it's Everywhere

Crypto Critics' Corner

CHAPTER

The Layers of the Cryptocurrency Scam

"There's a lot of layers to this scam, right? So already what we've touched on, there's the first layer of the scam," he says. "Every level of this scam blows my mind that it even works... There's a whole ecosystem, a thriving dark market ecosystem, that starts with compromised twitter, instigram and facebook accounts."

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