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COMMON CRYPTO INVESTMENT SCAMS

Scams in general have become the backbone of all new online-based innovations. In fact, 40% of all online users are victims of online crimes. Crypto has seen a fair share of scams with over 46k victims scammed over $1B in the last 2 years. According to the FBI’s Internet Crime Complaint Center (IC3), they received a record 847,376 complaints of online fraud in 2021 with $6.9 billion in estimated losses—that’s an average of over 2,300 per day at around $8,100 per person with the average age of 50+ being the dominant victims. This is mind, let's digress how these scams are packaged to lure innocent victims:- PONZI SCHEMES/PYRAMID SCHEMES This concept is born from the PASSIVE INCOME analogy where the fraudsters guarantee a specific percentage ROI like 5% daily or 20% monthly Typically, the investors don’t really care where how the returns are generated but instead focus on the increasing income on their dashboard  Victims are asked to enroll friends & family in the lucrative sche...

HOW TO STOP & AVOID CRYPTO SCAMS

Investors have lost over $1.2 billion in crypto scams since 2021 to date Mind you, this is crypto-only, leave alone Phishing scams, social engineering scams, romance scams & Imposter scams which has seen a whooping $34B of hard earned money drained from Americans alone. It really doesn’t matter how well informed you are or how intelligent you are, at some point you will fall prey to scams either online or offline especially with this budding web 3.0 industry. So, how are these scams successful & why? First, Let's crunch some numbers down.. 46k+ people have fallen victims to crypto scams since the start of 2021 $680 million lost to scammers was reported in 2021 $329 Million lost to scammers in Q1 2022 alone The average individual loss is $2,600 The average losses increase with age, topping out at $11,708 for people in their 70s Now, to put things to perspective, these numbers are bigger than the GDP of countries like Dominica & Palau combined Remember, this are pure cryp...

DIGITAL ASSET TRAINING AND CAPACITY BUILDING.

As the world gets more involved in cryptocurrencies, decentralized finance, and non-fungible tokens, traders and analysts will be in demand in a wide variety of sectors. Crypsense being the first institutional-grade digital asset capacity building and management platform in Africa offers a digital assets training program in partnership with Africa Blockchain Center (ABC) . Traders and analysts actively trade across multiple markets, development strategies, evaluate risks and maintain investment portfolios for institutions. We at Crypsense are fully equipped as a digital assets end-to-end institutional c apacity building and management platform. Unlike other training platforms, we also train potential investors on how to build their own algorithms and automated strategies that help them identify the best entry and exit strategies across different assets and exchanges that can also perform the trading tasks for them to improve on efficiency, scalability and risk management of the portfo...

ABOUT US

Crypsense Digital Group   is Africa's most rapidly expanding digital assets /virtual assets capacity building and management platform. The pillars of our organization are; Digital asset training and capacity building in African institutions in partnership with Africa Blockchain Center . Digital Asset Management/secure custodial services. Digital asset financing for individuals/institutions. Digital assets launchpad for blockchain and Cryptoassets in Africa. Our main purpose is to build capacity, systems, and a community that enables institutions IN AFRICA to benefit from the digital assets ecosystem.  Connect with us on  LinkedIn  Twitter Instagram Facebook Telegram Youtube