Dirty Pop—How blockchain tech can help prevent Ponzi scams

Quick Summary:

Tech is evolving, but so are the tactics of bad actors looking for a quick payday by administering Ponzi schemes, which could be mitigated if institutions recognize what scalable blockchains can do.

The post Dirty Pop—How blockchain tech can help prevent Ponzi scams appeared first on CoinGeek.

For this to happen, blockchains must be public, scalable, and capable of many transaction types.

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Article Details

Author / Journalist: Gavin Lucas

Category: Crypto

Markets: CanadaIndiaPhilippines

Topics: Scam AI Ponzi Scheme Fraud Netflix Bernie Madoff Business Artificial Intelligence Lou Pearlman

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 08:00:00 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 783 words

Reading Time: 5 minutes read

Sentences: 36 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 23733467

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