421 Bogus Cryptos Identified

Cryptos Exchange Market News

IFCERT, a national committee under the Ministry of Industry and IT, has reported that there are about 421 fake cryptocurrencies. The committee has issued a warning over the frauds in the crypto market. It also acknowledged three main characteristics of fake virtual currency profiles, and it is reported that the fake cryptos spotted by the committee relate to those marked by the U.S. SEC.

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