A big greeting to all my friends and teachers of the #cryptoacademy, one more week to learn new things and explore the vast world of cryptocurrencies. This time we will present a very useful topic thanks to professor @yohan2on and that is that as users who frequent the world of cryptocurrencies we are very exposed to scam or theft, therefore, this task is essential for everyone who works or operates on platforms blockchain or handle cryptocurrencies. without more to say let's get started. ![IMG_1628099821690 (1).png](https://cdn.steemitimages.com/DQmUF4E62oYqH7xdqRfXrfo6ssgKkhpNTDA9PdyuhKUQCBd/IMG_1628099821690%20(1).png) ![1626361721674.png](https://cdn.steemitimages.com/DQmdN2sEtwxNQaPr5LLPxdJ6rWtHh94Hw6Mgi1c16HntnDr/1626361721674.png) ## What are Crypto scams? # A Crypto scams is a type of fraud aimed at defrauding or deceiving users who frequent, operate, work and develop on blockchain or cryptographic platforms with the intention of stealing cryptographic property or assets. These types of scams are usually very ingenious and new forms of scams are coming out every time in which users are more and more exposed, among these are. - fake software such as wallets or exchanges. - fake profiles of influencers. - Fake ICOs. - Fake tokens and more ... There are many ways these scam artists are currently trying to get to your assets to steal them from you. I want to present a case of my own, something that happened to me in this area of scams and that perhaps some already know or have a notion of it, and they are the Airdrop tokens that are in the Tron chain. I find it useful to discuss this a bit since the Tron chain is closely tied to us, the users of steemit. I will show this scam with my own experience. Since a couple of months I received a notification that they gave me a couple of tokens, the names were strange as was their logo, however, I did not pay much attention and I thought they were Airdrops for participating in the Tron chain. among these tokens were the VOTEIT, BIS, ZMN and the OIOC ![662.png](https://cdn.steemitimages.com/DQmU6XBzVpozQX59AWSafVvjFZ9HKBqXLhpMz7taSnFyzPw/662.png) I did not bother to investigate these tokens or even do something with them, however after a few days I received the notification that I have received 43,210,870SHIB, this impressed me for various reasons. ![663.png](https://cdn.steemitimages.com/DQmb748GWR2tbXgJnscPUmMRBrAbK84UB8czuJBAjWSuoUC/663.png) It was a lot of money to be an Airdrops since back then it was the equivalent of more than $ 300. I follow the Shiba Inu project and had not heard anything about the introduction of the token in the Tron chain or similar, also they had not said about the launch of shiba as airdrops in the Tron chain; so I started investigating the transfer. ![664.png](https://cdn.steemitimages.com/DQmbrdtV7M8XMQKfhSAtVPUiPm2C5zheAmQLtagywanER1m/664.png) When investigating one of the things that impressed me is that the token I received (the supposed SHIB) was a TRC10 token when I know that the SHIB is from the Ethereum chain and is an ERC20 so that with this I already deduced that it is a fake token, however, I decided to dig deeper so I went to [Tronscan.io](https://tronscan.io/#/token/1004085) and look up the token information. ![665.png](https://cdn.steemitimages.com/DQmeWC4SnpumQmqsH3apu3SDSHxRwSFzkkVP81PPnK8s8Ap/665.png) I see then the following - It has no price or market capitalization and its classification is unknown. - The date of issue is very recent. - It does not have attached whitepapper, or social networks Another aspect is that when entering your page it is currently disabled. ![666.png](https://cdn.steemitimages.com/DQmReP3XMHqZVeW1EDthRKACfDmvanYsCMH8TL2J6jQQazM/666.png) This was not always the case, because at the time I was investigating all those fake tokens they had their pages active but the important question is how can this scam me or make me lose money? Simple, these scam tokens pages had a kind of exchange page where you could "cash" said tokens either by TRX or another currency, at the time of carrying out the operation they took money from you for the commission and did not exchange anything, therefore this was a smart contract scam. Each person who tried to redeem or exchange these tokens, lost money for the commissions and a percentage of this ended up in the hands of the scammers. Just as the false SHIB gave me other false tokens such as DOT (Polkadot), XMR (Monero), ADA (Cardano), etc and others, here I attach all the scam tokens that I have received in my wallet ![667.png](https://cdn.steemitimages.com/DQmZB6BmHXdcMzdBxy74npmkiGvYeNKYw6mSwbbbwuVx8cN/667.png) This is definitely a problem and Tron has already started classifying them as scam. ![672.png](https://cdn.steemitimages.com/DQmfWexzPjP2eWVeNFkJgco91YeYX9RqZsCKbeJBef7zbFk/672.png) This is my experience and everything attached is real, I hope this helps many who have received these tokens to know what they are and not to make mistakes in addition to teaching how I could deduce that these tokens were scam. ![1626361721674.png](https://cdn.steemitimages.com/DQmdN2sEtwxNQaPr5LLPxdJ6rWtHh94Hw6Mgi1c16HntnDr/1626361721674.png) ## To what extent have Crypto scams affected the Crypto space? # the decentralization of blockchain platforms gives a lot of cavity to scams and these have resulted in millionaire losses for a large number of people, knowing that blockchain platforms are often driven by a community it is important to maintain the trust of the members of a community, The large number of scams has harmed not only financial losses, but also a loss of trust for many, for example, there is currently a lot of activity on the subject of crypto games, the high profitability of these such as Axie Infinity have made many users totally disconnected of the cryptographic world and with little or no knowledge about cryptocurrencies, exchanges or wallets, they have been victims of scams by entering keywords in false platforms or transferring assets by deception. ![673.png](https://cdn.steemitimages.com/DQmVaoZdPA8miyNo4nXPCvF5RKBhKWnWaa56wU8Rrvcp5ou/673.png) Another characteristic that scams affect cryptocurrencies is that it is another of the points by which government agencies want to impose bans or regulations on blockchain platforms and cryptocurrencies, we have already seen news such as China's rejection of the Binance platform and the groups of Bitcoin mining. ![674.png](https://cdn.steemitimages.com/DQmd5JcxZWTmsrMqGvKu4VtZNoeSu37xhi9sjgtan8nqLAM/674.png) ##### Screenshot of [technode.com](https://technode.com/2021/06/29/crypto-miners-leave-china-binance-banned-in-uk-blockheads/) ![1626361721674.png](https://cdn.steemitimages.com/DQmdN2sEtwxNQaPr5LLPxdJ6rWtHh94Hw6Mgi1c16HntnDr/1626361721674.png) ## Will regulations in Crypto add value to the Crypto space? # A very debatable question is how the regulations would affect blockchain platforms and users, both their price and their security or their liberalism, let's see. Regulations to blockchain platforms can affect. - Price: either due to the rejection of some before certain regulations or inclusions, they sell their assets out of disgust or fear, causing prices to decrease. - Decentralization: questions the decentralization that blockchain platforms seek to maintain so much - Security: You could increase security and minimize scams, but again at the sacrifice of decentralization. I want to give an example of how these revaluations affect the price. In March 2017, the US Securities and Exchange Commission (SEC) rejected a proposed amendment of the securities regulations to allow the creation of an ETF for bitcoin. In the five minutes around the announcement, the price of bitcoin plummeted 16%, we can also see that in June 2018 the Service Agency Japanese financiers imposed on six cryptocurrency exchange platforms to improve their procedures for the prevention of money laundering. We can see in the following graphs how these altered the price of Bitcoin. ![675.png](https://cdn.steemitimages.com/DQmUGCc6t3DD8R7rNECeUJ7AyXEVHpHd6eseZoEyeWpPyPK/675.png) ##### image and data of **Informe Trimestral del BPI, septiembre de 2018 por Raphael Aue y Stijn Claessens**. [fuente](https://www.bis.org/publ/qtrpdf/r_qt1809f_es.pdf) # Regarding regulations and decentralization, we currently have that the largest exchanges are usually centralized, such as Binance, it is true that it also continually fights with more government regulations, in addition to the sanctions and prohibitions that it has received in some countries, however , Binance is centralized and it would be easy to regulate it in that your platform does have a manager. On the other hand, we know that Binance as well as many other chains and applications of blockchain technology has progressively caused a great increase and inclusion of users to use cryptocurrencies. Therefore there is much that we can discuss in terms of what you sacrifice for what you get, is sacrificing decentralization the only option to minimize scams? I think not, and it is a matter of time before better mechanisms come out to reduce scams, increase security and education in this area. For example, for me, the #cryptoacademy is one of those new systems by educating on the same blockchain platform in order to minimize the victims of scams, therefore, education is one of the calves for this. ![1626361721674.png](https://cdn.steemitimages.com/DQmdN2sEtwxNQaPr5LLPxdJ6rWtHh94Hw6Mgi1c16HntnDr/1626361721674.png) ## Conclusion # We must remember that cryptocurrencies and blockchain platforms are still young and despite this joviality they have had a receptivity, every day a large number of people connect with and become more integrated into the blockchain platforms and in a similar way the number of users who work increases. evil, scammers, and so on, so knowing the types of scams and knowing how to identify one is vital in order to avoid them. As I said before, I do not think that a total centralization is the solution, since centralization, in my opinion, has problems that have been solved with the decentralization brought by blockchain platforms, it is a matter of time for these scams to be reduced with the weather. Remember that you will have security by increasing your knowledge. This is all my content for this task, greetings to professor @ yohan2on and his colleagues from the #cryptoacademia, thank you for educating us in this modern field.