Cryptocurrency publications are noting that “exit scams” are continuing to cost investors significant coin.
The linked website (below) notes a fintech analysis that these frauds have stolen over $96 million, with about $67 million taken in the past 2 weeks.
These thieves appear to be based in China and local Reddit users have published photos of empty offices of these putative blockchain companies.
One way to spot a cheat is to check profile photos of the executives, many of which are copied from other sites as well as copied white papers.
One of these scammers was purportedly to build a scam eliminator.