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If not, the coins are returned to the buyer. These escrows are usually multisig wallets in which the multisig key owners are two or more trusted members of the community and one project team membe.

In a scenario where a project member has one key and two community members have two keys of a 2-out-of-3 multisig wallet, the team member requires permission from the one of the other key holders in order to move the funds.

This company was nothing more then the same scammer in disguised. Since he had 2 of the 3 required keys, he was able to move the funds.

You also want to check the type of escrow that is being used. Good release conditions is when parts of funds get released on development progress: So keep an eye out for the Escrow participants and the escrow conditions.

This may save you some money. Scammers will rarely try to fake pictures for one simple reason. Photoshopped images are very easy to tell apart from the real thing and even if you have a professional doing the editing, there is software free and paid that will easily detect a forgery.

So if this is unusual why are we talking about it? Because someone actually had the nerve to do it! DeClouds proposed something along the lines of using the ICO funds to buy precious metals with which to back their tokens with.

This is not new. However, they claimed to have a partnership with the UBS Bank, where they would store these precious metals. There obviously was not partnership whatsoever and the scam artist managed to put an end to all doubts by taking this claim too far.

This was quickly picked up by users who posted the original pictures, thus proving DeClouds to be a scam. Unfortunantly, there will always be naive investors.

So, stay aware and keep clear of scammy projects. Here are some useful links to further extend your research on the subject.

CryptoCompare needs javascript enabled in order to work. View all coin guides View all exchange guides Guides What is Proof of Work?

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How to review products on CryptoCompare? Type My Portfolios Public Portfolios. Unrealistic goals Scam projects will often make bold claims about their product even though said project offers nothing new or disruptive.

Whitepaper So maybe you saw the buzzword salad we just talked about but hoped to find something completely different in the Whitepaper.

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Online Casino Game Guides. Top Casinos By Deposit Options. Top Casinos By Country. When it comes casinos, the scams that you must be on the lookout for are online casino scams.

Warning Signs of a Potential Scam Here are some warning signs of a casino that may be scamming players. Make sure the online casino uses reputable software First let me explain what I mean about casino software.

Look for online casinos that are licensed and regulated All reputable online casinos are required to be licensed within the jurisdiction that they conduct business and operate their computer servers.

Look for endorsements by online casino watchdog sites Besides making sure the casino is regulated by a local jurisdiction, look for online casinos that are endorsed by 3rd party watchdog sites such as eCOGRA eCommerce Online Gaming regulation and Assurance.

Look for online casinos without plenty of deposit options Honest online casinos will have a decent variety of casino deposit options.

The payout may not seem like a big deal, but it actually adds 1. This may require traveling to another close-by casino, but will be worth the time and effort.

Most single deck blackjack games do, however, pay on a natural blackjack and this is somewhat common. Some Las Vegas Strip casinos also short pay on certain six-deck games.

The Cosmopolitan even has double deck games that only pay All of these games should be avoided if you are trying to play with the lowest house edge possible.

Most casinos that pay on shoe games also have games if you go out of your way to look for them. If the casino only spreads games, simply walk to the next casino or ask a pit-boss if he knows of any games nearby that pay That makes slots one of the worst bets in the house.

Play video poker instead. Even poor pay tables will cut the house edge in half compared to slot machines. Contrary to popular belief, prostitution is illegal in Las Vegas.

The girls that work for these services have been known to rip off clients and even rob them in some instances. The girls are also not given regular health checkups like regulated working girls are in other parts of Nevada.

If you are really determined, then go to a strip club or drive about an hour to Pahrump where there are legal brothels that are regulated by local health departments.

If you take a cab to a strip club then the ride should be free as these clubs often give the driver a kick back so it will do you well to put in a little bit of research first to find the best deal.

Card slappers are not the only street hustlers in Las Vegas. Some people run gambling games openly out in the street. Common sense should tell you to avoid these scams.

There have been some stories that people selling bottles of water take empties out of the trash and fill them up with tap water. None of these sidewalk vendors are operating legally and should be avoided at all costs.

My advice is to just not make eye contact and avoid conversation. While it may be expensive in some cases, only buy items from licensed stores or vendors.

There are actually several national chain drug stores on the Strip.



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