Here is a list of the 10 biggest cryptocurrency scams in history, where investors lost billions of dollars:
1. Bitconnect (2016-2018): A fraudulent investment program that promised daily returns of up to 1%.
2. OneCoin (2014-2017): A fake cryptocurrency that raised around $4.4 billion from investors.
3. Mt. Gox (2014): A Bitcoin exchange that went bankrupt after 850,000 Bitcoins disappeared.
4. PlusToken (2018-2019): A fraudulent scheme that raised over $2 billion from investors.
5. BitClub Network (2014-2019): A Ponzi scheme that raised around $722 million from investors.
6. Centra Tech (2017): An ICO scam that raised $25 million, and was promoted by celebrities like Floyd Mayweather.
7. Pincoin & iFan (2018): Two Ponzi schemes from Vietnam that raised around $660 million.
8. WoToken (2018-2019): A Chinese Ponzi scheme that raised over $1 billion from investors.
9. AriseBank (2017): An ICO scam that raised $4.2 million, claiming to be the first decentralized bank.
10. QuadrigaCX (2019): A Canadian exchange whose founder disappeared with $190 million in customer funds.
These cases remind us to be cautious and vigilant
