Identification Of Scams In Initial Coin Offerings Training Ppt

Slide 1

This slide lists the types of ICO scams such as bounty scam, exit/rug pull scam, white paper plagiarism scam, exchange scam, URL scam, and ponzi scheme. 

Slide 2

This slide talks about bounty scam as a type of ICO scam. In this very often scam, the ICO fails to pay out promoters who were promised monetary benefits for their public relations efforts.

Slide 3

This slide talks about exit/rug pull scam as a type of ICO scam. An exit scam is a fraudulent activity perpetrated by unethical cryptocurrency promoters who collect funds for an ICO and then vanish without providing investors with any information.

Slide 4

This slide talks about white paper plagiarism as a type of ICO scam. In a white paper plagiarism scam, a scammer attempts to copy a prospective ICO's white paper and launch it under a similar or different name

Slide 5

This slide talks about exchange scam as a type of ICO scam. An "exchange scam" occurs when scamsters intend to deceive investors into believing that their ICO has been launched on an authentic exchange, whereas it is fake.

Slide 6

This slide talks about URL scam as a type of ICO scam. Another common technique is to create fraudulent ICO websites and advise consumers to deposit money into a compromised wallet. Due to such phony websites, naive investors, ignorant of legitimate websites are misled and lose their ICOs.

Slide 7

This slide talks about the ponzi scheme as a type of ICO scam. Scamsters lure new investors to invest funds in high-return possibilities, claiming that there is little or no risk. Such fraudsters offer unrealistic returns and at a later time to entice more investors.