How to Avoid Getting Scammed Online

Mika

VIP Contributor
Celsius Network, a platform where users could earn interest on their crypto deposit and get a loan by using crypto as collateral, has recently filed for bankruptcy putting its 1.7 million users at risk of losing their entire money. When people lose their money with Celsius Network, they will lose money not because of the crypto bearish market but out of their foolishness. They did not read the clauses on Celsius Network. There is a clause on Celsius that says when people use their platform they give the rights to Celsius to use spend, sell or use the crypto. This is nothing but a fraud clause. But sadly a lot of people missed this.

If you are working online, here are three things you should remember:

Don’t always believe what you read. Verify the information through other sources.

People you meet online aren’t always who they say they are. Therefore, don’t follow the people you don’t know outside the internet blindly.

Do your own research, and always double-check your source of information.
 
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