×
Thursday, May 22, 2025

The pitfalls of crypto projects - Maxim Kurbangaleev - Cryptocurrency News - The Market Periodical

Maxim Kurbangaleev, an expert in the cryptocurrency market, discusses the problems of the industry. High-profile scam projects have been depriving investors of money for many years and each time they succeed more and more in the execution of their plans: in 2021 alone, scammers earned $14 billion from crimes related to cryptocurrency.
News about the staggering losses of holders come out almost daily – in the penultimate week of July alone, the meme-cryptocurrency TeddyDoge collapsed by 99% after an unexpected sale of tokens worth over $4.5 million.
“Playing a cruel joke” – Maxim Kurbangaleev about red flags in the market
It would seem that forewarned is forearmed: many professional resources often tell how not to fall into the bait of intruders and how to protect yourself from their schemes. So why is the number of victims of scams showing such a rapid increase year after year?
“The creators of scam projects skillfully play on the weak trait of the investor – his emotions. The...



Read Full Story: https://themarketperiodical.com/2022/08/09/the-pitfalls-of-crypto-projects-ma...

Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.