FSCA WARNING: CRYPTO HEALTH WARNING
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Recently we have seen cryptocurrency scams pop up like koeksisters on a sunday morning – they everywhere. FSCA sent out a warning, warning the public to be more careful and research these crypto companies before giving their hard earned money to them.
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In South Africa we have seen alot of cryptocurrency scams ruin the lives of ordinary people with little income. We had, bitconnect, btc global, mti and more recently africrypt. Cash FX is about to explode soon also.
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This video is an opinion and in no way should be construed as statements of fact. Scams, bad business opportunities, and fake gurus are subjective terms that mean different things to different people. I believe a scam is an overhyped program where big promises are being made but no returns ever come out, or when it comes out, its not as promised. I believe a scam also have given no refunds. Fake gurus and snake oil salesmen are usually the people selling these programs and when everything goes bust, they go missing.
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