Cryptocurrency Frauds

Abstract

There are scams of millions of dollars happening on a daily basis in the world of cryptocurrency. Awareness and the latest 21st century technology- “Artificial Intelligence,” may prove to be the key to fight this battle against Cryptocurrency scams. This research paper provides a comprehensive analysis discussing the various “Cryptocurrency scams” across the world, while giving case analysis of the biggest scams regarding the same, later exploring various solutions to this problem. This research paper, goes beyond the usual theft from hacking and ransomware attacks, and explores the in-depths of many of the frauds that have not been most commonly heard of. When we say „Cryptocurrency frauds,‟ we directly associate with hacking and theft due to unauthorized access, but it goes more than that, and that is what this paper seeks to explore.