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World Crypto Life has no retailable products or services. World Crypto Life affiliates are only able to market World Crypto Life affiliate membership itself. World Crypto Life’s Compensation Plan. World Crypto Life affiliates invest in IMC and IMEX shares. Member – invest $100 and receive $100 worth of IMC
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Exit scams and "rug pulls" are two common types of investment scams in the crypto space. An exit scam could be when a company raises money with an initial coin offering (ICO), but then quickly exits and steals the funds without creating an actual product. A rug pull is a specific type of exit scam that happens in the DeFi space's decentralized exchange (DEX). With a rug pull, a new coin is created and listed on an exchange—they might try to heavily promote it online as well.
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Currently, the cryptocurrency market is valued at more than a trillion dollars. Aside from the most popular such as Bitcoin, Etherum, and Dogecoin, there are more than 8,000 other cryptos and altcoins available. And where there’s money to be made, there’s money to be stolen. Unfortunately, every year, thousands of people fall victim to various online cryptocurrency scams and end up losing .
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'We lost our life savings in a cryptocurrency scam' . digital organised crime, based around the world. "This has left many scammers untraced, un-investigated, and unpunished. Many get away with .
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The new COO is Chris Principe who runs Financial IT magazine and actively used it to promote OneCoin and file a lawsuit with them to attack someone exposing their massive ponzi scheme. Raymond Follmer appears to have ties to OneCoin as well, along with ties to Reverend Sheila who claims he scammed her. Francis Yoon's last 2 businesses (Epika and Emperor Global) appear to have been suspended and forfeited due to some sort of tax reasons.
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Scammers will often send emails that say they have embarrassing or compromising photos, videos, or personal information about you. Then, they threaten to make it public unless you pay them in cryptocurrency. Don’t do it. This is blackmail and a criminal extortion attempt. Report it to the FBI immediately.
According to the Federal Trade Commission (FTC) Consumer Sentinel, from October 2020 through March 31, 2021, reports of crypto-related scams skyrocketed to nearly 7,000 people reporting losses of .