Belgium adds 28 new scam sites to its cryptocurrency blacklist

The Belgian Financial Services and Markets Authority (FSMA) has warned netizens about the spread of illegitimate cryptomonnaies and blockchain platforms, as tricksters continue to dupe the general public. The FSMA has strengthened its warning with an updated list of “cryptomonnaies” (Belgium’s surprizingly mellifluous word for cryptocurrencies) trading sites, which has grown to include over 70 known scams, with 28 being added in the latest update. Scams in these cases are pretty simple. Users will go to a fake website looking to buy Bitcoin, Ethereum, or other cryptomonnaies. The buyer will send their fiat to the merchant, who then simply walks…

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https://ift.tt/2Q2JkHt Matthew Beedham September 04, 2018 at 09:00AM