The world of crypto currency comes with various scams as well. There can be fake exchanges, mining schemes which include cloud mining, high yield investment programs (HYIP), pyramid and ponzi scheme, auto trading robots, fraud account managers and various other scams. Crypto currency market involves complicated technology, as it is relatively new which is backed by tons of height it tends to give a shelter to scammers as well. With crypto currency scam trolling at this point of time facebook took its decision on banning crypto currency advertisement. The announced was made thorough a blog post that crypto currency advertisement are banned from this platform entirely. Because according to them various ads for crypto currency investment such as initial coin offerings were “not currently operating in good faith.” With the step taken by facebook for starting their crackdown by banning ads of initial coin offerings (ICO), the opportunity for scammers have started to narrow down. As many high profile traders and Kraken exchange crypto currency experts have had their accounts cloned. With this it seems that twitter has been on the ball of the cloned accounts, along with that their history of tweets have been removed. Following facebook’s step on banning the advertisement of Kraken exchange crypto currency and ICOs. It is now twitter’s turn to crackdown on accounts that are associated with phishing scams according to them. The only formal comment on this step came from the CEO of twitter Jack Dorsey, when he was asked by the user he simply by saying “we are on it.” Kraken being one of the world’s leading Kraken exchange crypto currency was also affected by the crackdown. As it found its own account to be impacted by the crackdown. Although some are criticising twitter’s step for Kraken and calls it to be discriminating, as kraken holds a good reputation and is trusted by many. Unsophisticated fraud. The fraudsters are using collective of professional techniques. And many of these techniques to trick crypto investors into sending them Kraken exchange crypto currency have not been sophisticated. And one such strategy has been to clone a high profile crypto personality, Vitalik Buterin. What scam artists do is reply to a tweet that’s been sent out by the real account by giving an impression that their own comment is an extension of the original one. And then after that they request a small amount of ethereum by promising to return a large amount at a later stage. Due to this Buterin himself felt the need to change his official account’s name to “Vitalik’ no I am not giving away ETH’ Buterin.” This is just one of the example there are various of other ways for fraudsters to scam. However. Kraken exchange customer support’s twitter account was among those that were originally suspended but has since been re-stated. The Kraken exchange services are available 24*7, just call The Kraken exchange customer care contact number. Neeraj Agawal who is a prominent crypto commentator was one of the first to realise that his tweets were deleted. This led to speculation in the community and therefore twitter has decided to censor comments related to Kraken exchange crypto currency. Related Post:- Register Kraken Crypto Currency Exchange Fix Kraken Exchange Issues .
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