The cryptocurrency space is tailor made for scams: The scams everyone must know about – Economic Times

The cryptocurrency space is tailor made for scams. If anyone believes that this Kerala ICO is an isolated case, is living in delusion. Whether you are against crypto or are an enthusiast or you are simply disinterested in it, such frauds should alarm you. In fact it should alarm you more if you are an enthusiast.

Most of us who have any interest in business have by now heard of a company called Theranos. About 2005 onwards, Theranos claimed to have a revolutionary blood testing technology that could do over 200 types of tests from a single drop of blood. The company was valued at over $10 billion and was widely considered to be at the vanguard of a complete disruption of medical technology by Silicon Valley startups. Traditional medical testing leaders

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The cryptocurrency space is tailor made for scams: The scams everyone must know about - Economic Times