I can clearly see how exchanges are battling with scam projects, but the response from them is basically nothing.
Exchanges profit from taking a cut on trades, and they don’t care who’s the scammer. They’re just acting as middlemen.
The funny thing is, if they say a hacker breached a protocol or blockchain, let me be straight with you! - No hacker did that. Because the owner of the protocol can offer a 50% bounty on the stolen assets to anyone who finds the hacker.

In 100% of these cases, these are scam projects that simply drain the pool using the usual scheme and point the fingers at a nonexistent hacker.

No hacker would risk their neck to hack something that’s practically impossible to breach. If a wallet can’t be hacked without a Quantum computer, then what kind of protocol or blockchain are we even talking about? Nonsense.

In my opinion, the crypto world has started to scam people, and considering that even people like Trump and others can easily deceive folks about their investments, I have no doubt about it. All coins could devalue. The best way to make money is to engage in physical entrepreneurship and not be a gambler!

What do you think?

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