Elijah Jackson, MyChargeBack’s blockchain industry commentator, was quoted by Kitco News this month in an article discussing whether Solana might become an “Ethereum killer.” Whether you own Ethereum or not, you’ll want to read his analysis.
In this new video clip, Elijah from MyChargeBack explains that consumers are always best advised to pay with plastic because credit card and debit card transactions are controlled and regulated. They are governed by terms and conditions that are adopted and published by the credit card networks that define the obligations of the cardholders, the merchants and their banks.
Evan Spicer, MyChargeBack’s Director of Cryptocurrency Investigations, writes that a new scam is targeting fans of Elon Musk’s latest project, X, a revolutionary platform that aims to connect humans and machines. The scam promises to give away $25 million worth of X tokens to anyone who sends a small amount of cryptocurrency to a specified address. However, the giveaway is fake and the scammers are stealing the funds from unsuspecting victims.
The case involved six payments to an unlicensed broker that were made using six different credit cards issued by two different banks. Three credit cards were issued by Visa and three by Mastercard. And because the client signed on as a MyChargeBack client he won all of six disputes and recovered $8,577.