CoinStructive, Inc.

The #SEC has had quite the year when it comes to collecting fines and penalties for enforcement actions. With #Gensler on his way out and a #crypto friendly administration coming in, it's tempting to think that it'll be clear sailing for #Web3. A perceived loosening of oversight combined with #bullmarket hype could embolden bad actors to double their efforts, so don't get too comfortable and trusting on that next crypto #investment without the due #diligence to back it up. https://lnkd.in/gVwgyFF5

When picking their next #victim, a #scammer will readily admit that "money or education isn’t a determining factor". If you're in the industry and happen to be on the right list, you ARE a target. #Criminals do their research. They have the right tools. Their methods are sophisticated. Don't ever think it won't happen to you. https://lnkd.in/geHFa9uT

#DAOs, or decentralized autonomous organizations, were dealt a heavy blow in the #California courts with a ruling that participants can be held #liable for the actions of other members under state partnership laws. Even worse, simply posting to a #forum could be enough to determine liability if something goes wrong. https://lnkd.in/e8m4DAbM

The #DeFi lender #Polter Finance just suffered a devastating loss at the hands of #hackers, wiping out what is essentially their entire holdings in virtually no time at all. Now, their community of users are left wondering what happened. #Exploit? Inside job? Where you park your coins matters. Choose wisely, because you don't want to be wondering how it all went wrong with an empty #wallet. https://lnkd.in/gw8sKajr

Through careful market manipulation, this #influencer and his team were able to net $232.7 million off the backs of his #followers. Out of the 28 #tokens they promoted, 6 were created in-house. #Crypto influencers may be a great source for #industry news and insights with a likable personality, but they are not financial advisors you should be betting the farm on. https://lnkd.in/g6Rvhy3M

#Crypto is pumping, and with the hype there's #FOMO following in lockstep. Now more than ever, users both new and old need to be vigilant when it comes to not only building their portfolio, but keeping it safe. It's never been more profitable for #scammers to succeed, so make sure you're avoiding the common lures like #phishing links and unsolicited contact with calls to action. https://lnkd.in/gyw9m8N6

Starting #2025, #Detroit will be the largest US city to accept #crypto as a payment option for #taxes/fees. Great for #adoption, but also for #scammers who are paying attention. Calling vulnerable populations and impersonating #lawenforcement to demand crypto payments is already a play in their book. With a kernel of truth added to the mix, they'll be sure to take advantage. Having conversations with loved ones and expressing the dangers of #cryptoscams goes a long way in preventing them from being the next #victim. You can make a difference. https://lnkd.in/dtqW9jq2

#October made it clear that the trend isn't slowing down when it comes to #cryptofraud. $129 million is no small number, with large scale #hacks & #exploits being the main causes for the losses. When the getting is this good, you can count on #criminals to keep their pace for #November. Stay vigilant. https://lnkd.in/d32-W43K

#Ransomware payments are up 80% from last year, and it isn't just a problem that large #institutions have to contend with. Even individual #investors are a target, and it almost always starts with a #phishing attack that's waiting patiently in your #inbox... https://lnkd.in/gYeWUg7f

#Telegram's #cryptowallet ecosystem is booming right now, with #Bitget's wallet acquiring over 6 million users in just days after launching. With a race for capturing market share this hot, #scammers are sure to try to capitalize with their own fake wallet apps. It's a natural evolution, after all. Many #investmentscams already call platforms like Telegram and #WhatsApp their home for the ease in creating private groups to direct their #victims to. Having a ready-made fake #app directly on the platform only streamlines the process. If the wallet you end up choosing isn't showing Telegram’s official #verification blue tag, or you were directed to one by someone else for the purpose of #investing in #crypto, just know there are sharks in the water you're about to swim in. https://lnkd.in/gEgBsC8d