Binance CEO Richard Teng has cautioned investors about the increasing number of sophisticated crypto scams and provided guidance on how to navigate the industry's future. He advises investors to stay safe from Ponzi and pyramid schemes, research every investment, ignore unsolicited offers, question everything, and verify before trusting. Teng has also emphasized the importance of regulatory clarity in the cryptocurrency industry to protect investors and foster sustainable growth. He expressed optimism about bitcoin reaching a new all-time high in 2025, attributing it to a shifting regulatory environment in the United States. With the rise in Ponzi and pyramid schemes, Teng's advice serves as a timely reminder for investors to exercise caution and due diligence.
Content Editor ( news.bitcoin.com )
- 2025-02-01
Binance CEO Reveals How to Avoid Ponzi and Pyramid Schemes
