Cases That Fooled the World • CoinLaw
The allure of quick profits in the crypto world has led many to riches, and others to ruin. While blockchain was built on ideals of transparency and decentralization, scammers have used these very tools to execute some of the most brazen financial crimes in modern history. From Ponzi schemes masked as innovation to clever heists and influencer-backed frauds, the crypto space has been both a breeding ground for brilliance and betrayal.
Key Takeaways
- Over $30 billion has been lost to major crypto scams and heists globally.
- PlusToken, OneCoin, and BitConnect remain the most expensive frauds to date.
- Even celebrities and global leaders have been victims or unwitting promoters.
- Investors often overlook basic red flags like anonymous teams and…
