“Once you are scammed, there is little recourse. Local police and even the FBI don’t have the resources to track or try to recover your losses. There is no official regulator with whom you can file a complaint. Your money — your dollars — are simply gone. Now, one company — MyChargeBack.com — is providing a service to small investors whose crypto was silently removed from their accounts or was taken as a result of a scam.”
So writes nationally syndicated financial columnist Terry Savage in an article entitled “Crypto Losses can be catastrophic” in The Chicago Tribune, in which she extensively quotes MyChargeBack CEO Aaron Lazor.
Though some crypto skeptics view digital assets as valueless – Mastercard declares its choice NFTs are “Priceless,” bringing its legendary slogan from 1997 into the Metaverse. The credit card is not only making the move into NFTs, but aims to make these digital items accessible to everyone, even those who know little about the blockchain. That’s why MyChargeBack is pleased to report that we’re teaching students at Stanford University how to stay safe from NFT fraud.
Regulating cryptocurrency presents several challenges. Among them are defining what constitutes regulation, addressing the borderless nature of cryptocurrencies, and issues that stem from competing regulatory efforts. MyChargeBack’s next webinar, which will be led by MyChargeBack Digital Marketing Manager Elijah Jackson, will discuss why cryptocurrency is so difficult to regulate. It will be webcast live on BrightTALK on Thursday, June 30 at 12:00 noon New York time. To view it live you must sign up in advance to reserve a place.
Half of all the crypto investments in history were made last year. So it’s no surprise that crypto fraud jumped. That’s why our last webinar addressed the vital subject of how you can protect yourself from crypto fraud. If you didn’t watch the webinar live, you still catch the recording!
The recent cryptocurrency crash has proven that stablecoins aren’t immune to the shocks and selloffs devastating other segments of the cryptocurrency sector. Stablecoins seem to stand out as more secure than other cryptocurrencies, but this assumption was tested, leading to the conclusion that the sooner central banks can issue their own currency the more secure the crypto market will be. MyChargeBack explains why in this new Industry Insight entitled Stablecoins, CBDCs and a Secure Monetary Future.