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Showing content with the highest reputation on 04/17/2024 in Posts

  1. 1 point
    ByBit is an unregulated crypto broker that is systematically abused by scammers - generally masquerading as western women but frequently are people operating from China or Myanmar - the practice is called 'butchering the pig' or “Shāzhūpán” in Chinese. This involves enticing punters to go onto platforms - of which ByBit is the MOST NOTORIOUS - getting them to make small profits and then enticing them to transfer vast amounts to the account. This is then subsequently locked because TAX needs to be paid - once that final transfer is made the scammer disappears and the ByBit account turns out to be empty. So the difference with TastyWorks that is a regulated broker where your money is protected by actually decent rule of law countries' regulation and enforcement, could not be bigger. Having said that ByBit's one redeeming feature may be that they dont have Tom Sosnoff who rubs many people the wrong way. No matter how dis-likable some people find Tom - he won't steal your money like 90%+ of people promoting ByBit. Worse is that there are many spoof platforms of GoByBit and these will also steal your identity and cause you no end of pain if you register your personal information and IDs on them. The scammers operate from all kinds of sources like LinkedIn, dating apps or serious investment websites trying to get people to contact them. The result is invariably that your money will be fleeced from you if you fall to their scams. So yes, the difference between TastyWorks and ByBit is very large though not as large as someone who attempts to promote the scammer site through a serious investment site where people aren't completely devoid of personal intelligence and actually experienced in trading real securities rather than vapor-crypto accounts. This was a public service announcement. https://www.theguardian.com/world/2023/jan/29/everything-is-fake-how-global-gangs-are-using-uk-shell-companies-in-multi-million-pound-crypto-scams https://www.tenable.com/blog/pig-butchering-scam-tinder-tiktok-whatsapp-telegram-scammers-steal-millions Note for Barbs @BarbaraBraun you are likely just an AI so there is no point addressing you directly but insofar as you are a human being - likely male and in China - try and keep your dignity and stop promoting scams.
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