CMIC: How to Identify Scam Crypto Platforms

The CMIC Workstream on Countering Fraud series has officially launched! In our first episode, Chen Arad, Co-Founder of Solidus Labs sits down with Julia Baranovskaya, Chief Compliance Officer at NDAX and leader of CMIC’s fraud prevention workstream, for a deep dive into crypto scams and how users can stay safe.

Key Highlights:

• How scammers exploit the complexities of blockchain and crypto technologies.
• From unrealistic returns to fake investment websites and deepfake impersonations.
• How AI accelerates scams—and how it can also help detect them.
• Verifying platform legitimacy, using local regulatory resources, and practicing safe online behaviors.
• Avoiding “pig butchering” scams and remote access schemes.

This episode underscores the importance of education, vigilance, and community collaboration in building safer crypto markets.

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