Belgian Government Launch Website To Warn Against ‘Fraud With Crypto Coins’

The Belgian government backed website temooiomwaartezijn.be has been launched in an effort to crack down on crypto scammers.

The website which is run by the Belgian Federal Public Service Economy and the Financial Services and Markets Authority features a moving image on the home page with a contrast between ‘quick cash’ and ‘losing everything with corrupted coins’

The site gives the warning ‘if it’s too good to be true, it is too’, warning visitors of the dangers present on the internet ‘Scammers are becoming more inventive and have grown massively on the worldwide web in recent years.’ They warn that victims are too easily lured into the trap of online scammers, and that before making decisions you should always ‘make sure you know who you are dealing with.’

Underneath the warning is a button linking to a dedicated site where users can report online fraud if they’ve been a victim. The button remains present at all times in the top right.

The site then goes on to warn about the potential risks associated with ‘crypto coins’, first offering a brief overview of what crypto coins are:

Crypto coins are the hype of the year. But what are they actually, crypto coins? These are a kind of digital and completely virtual currencies in the form of cryptographic (encrypted) codes. These codes change as transactions take place with the currency. This principle is called ‘blockchain’.

Warning:

Because crooks often use virtual coins. They promise big profits, but lure you into the trap and start walking with your money. And they often seem so reliable, that it is not that difficult. So be sure to check with whom you have to do before you invest in crypto coins.

They offer tips on how to protect yourself such as knowing who you’re dealing with, never share personal information, require clear and understandable information about the offer and to always be wary of promises of excessive profits.

The site serves multiple purposes, not only helping inform the public on the potential dangers of cryptocurrencies, but also provides a resource for the public to report to the authorities any cases where they’ve been a victim of online fraud.

By | 2018-06-06T12:22:03+00:00 June 6th, 2018|Cryptocurrency News|0 Comments

Leave A Comment