In digital times, digital payment methods and currencies are gaining more and more importance. One of those is crypto, which is also advertised as one of the most reliable payment methods.
As much of a hype that currency once had when it was first founded, some big criminal cases, however, gave it a bad reputation. One of the most famous frauds is the scam of the Bulgarian-born German citizen Ruja Plamenova Ignatova, also called the crypto queen.
Her activities were described by The Times as “one of the biggest scams in history”. Together with her partner Sebastian Greenwood, she founded the cryptocurrency OneCoin and its associated company OneCoin Ltd, whose business model was built on a pyramid scheme.
The company gathered investors from around the world, including China, Germany, the UK, the USA, Hong Kong, India and Uganda. Ruja Plamenova Ignatova was even added to the FBIs list Ten Most Wanted Fugitives.
In the world of online gambling, tales of uncertainty can make you apprehensive about the use of cryptocurrency.
Is it a dependable payment method, as some profess, or does it carry the potential for scams? This article aims to guide your decision-making process, shedding light on the true nature of cryptocurrency, its benefits, and cybersecurity measures.
In turn, it will assist you in forming a well-informed opinion on whether embracing offers at crypto casinos with free spins is a prudent choice; you can use comparison websites like this one, maintaining a balanced and impartial viewpoint.
What Is Crypto Currency?
As mentioned above, crypto is a type of digital or virtual currency. It uses cryptography for security and unlike tradi ..
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