Bitcoin Scam Fighters is an organization dedicated to using the blockchain to find and report scams. Find out everything you need to know about the organization today.
What Is Bitcoin Scam Fighters?
Bitcoin Scam Fighters, found online at BitcoinScamFighters.com, is the first ever platform focused on organizing legal resources to combat scams and fraud in the bitcoin industry.
The organization is based in New York City and Amsterdam. The company announced themselves to the world via a press release on May 31, 2017.
The company’s founder, Victor Grosser, is a young entrepreneur and investor who has been burned by bitcoin in the past. He claims that exchanges like Mt. Gox and Poloniex have previously locked down his cryptocurrency trades without any particular reason or communication.
Frustrated, Grosser tried to get in touch with the company’s representatives, only to receive little to no response. That’s why Grosser was motivated to create Bitcoin Scam Fighters.
Bitcoin Scam Fighters is preparing to launch an initial coin offering in the future. The company has requested to partner with TokenMarket.com for the launch of the ICO. It’s assumed that the tokens will be used to access legal services through the platform.
Other key features of the Bitcoin Scam Fighters website will be its directory of law firms as well as its scam and fraud directory. Users can access the directory of law firms to find firms specializing in blockchain-related cases.
Meanwhile, the scam and fraud directory will help users see which exchanges or bitcoin companies have got caught engaging in fraudulent activities.
How Does Bitcoin Scam Fighters Work?
Bitcoin Scam Fighters describes itself as the first ever platform dedicated to offering legal services to the bitcoin network. The platform is focused “on individuals taking responsibility and collaborating to effectively increase improper digital asset management and trading cases” with the assistance of global law firms.
That wording is a bit awkward and complicated, so here’s a step-by-step process of how it works:
Step 1) Sign up and login
Step 2) Submit your case to the platform; outline and select your issue, then receive an email confirming your case
Step 3) Select your law firm by browsing through a database of experienced legal professionals; the company claims to have a network that “includes a wealth of lawyers and firms”
Step 4) Engage in discussions which provide answers to legal questions and legal advice to get help with your case
Altogether, this system is designed to report scams and frauds using blockchain technology.
Two key features of the Bitcoin Scam Fighters platform will be its Law Firms Directory and Scam & Fraud Directory. Both pages are currently in development. Eventually, the pages will be filled with reports of frauds and scams in the bitcoin industry, as well as law firms that specialize in cryptocurrency-related issues.
Who’s Behind Bitcoin Scam Fighters?
Bitcoin Scam Fighters is led by Victor Grosser (CEO). As mentioned above, Grosser was motivated to launch Bitcoin Scam Fighters after multiple exchanges locked down his funds without any reason or explanation. He received no response from the company, so he decided to take action himself.
You can contact Bitcoin Scam Fighters by email at firstname.lastname@example.org. The company appears to maintain two office locations, including one in New York and one in Amsterdam.
Bitcoin Scam Fighters Conclusion
Bitcoin Scam Fighters is an organization that wants to make it easy to report fraud in the bitcoin industry. The organization also wants to help users find law firms to help combat that fraud. Bitcoin Scam Fighters was created by a young entrepreneur named Victor Grosser who was frustrated with losing access to his funds on cryptocurrency exchanges.
Grosser decided to create a platform that brings cryptocurrency users and law firms together, making it easy to organize legal resources, monitor fraud reports, and receive legal advice from the community.
Bitcoin Scam Fighters is preparing for an ICO later this year. We assume that the tokens will be used to access legal services on the network.
Ultimately, Bitcoin Scam Fighters is in the early stages of launch at the moment. Stay tuned for more information as the organization continues to grow over the coming months. It could become a very valuable resource for the bitcoin community.