Can physical locations of scammers be tracked down?

Cryptocurrency News and Public Mining Pools

Can physical locations of scammers be tracked down?

There are obviously a ton of sh*tcoin scams on every chain in existence, among many other crypto scams. What are some techniques that exist to possibly entrap them via the addresses they use?

They have to be making a sloppy mistake here and there in terms of covering their tracks. Have any ever been discovered? For example the ones who create coins, shill them all over social media using aliases that are very similar to popular influencers, start a pump, and rug it.

They either prohibit selling, increase the sell tax to near 100%, or possibly use some other method I may not be aware of.

I’m sure many of you, just like me, have fallen victim to these scams throughout the past few years. With anything good, evil usually exists. But if at least some of them could be made an example out of, I think it could go a long way to benefit the ecosystem as a whole.

Many people are turned off by crypto in general from just one of these experiences. Imagine how many more people would stick around knowing scammers are constantly being tracked down.

I realize this is a touchy subject due to privacy concerns, but when it comes to exclusively scams that are 100% clearly scams, I think anything goes.

I’m sure Coinbase, Binance, etc. have had questionable funds come in and had to release the info to authorities on who it belonged to. But the smarter ones most likely don’t use anything with KYC to move and swap their crypto.

submitted by /u/Ok_Exercise2353
[link] [comments]