Why has Ukraine become a haven for cryptocurrency exchange cyber criminals?

Colleagues, wowex.online, swapex.net, moneycraft.info, myexchanger.lv, iconvex.net and likechange.biz were all found to be fraudulent crypto exchanges by Ukrainian officials. This actions comes in the wake of the UPbit exchange being raided by South Korean officials who suspected fraud. By contrast, the Exmo, Kuna and BTC Trade UA cryptocurrency exchanges also based in Ukraine are believed to be authentic and legitimate. Bottom line: What are the warning signs that a trader or investor should look at before engaging with a cryptocurrency exchange? Cryptocurrency Academy recommends: 1) The level of government regulation and oversight, 2) References from credible users of the exchange, 3) Past history of fraud or suspected fraud within the country where the exchange is based, and 4) Contact government regulators and/or police to determine is there have been complaints against the exchange in question. Share a comment visit us today! Lawrence – Cryptocurrency Academy (https://cryptocurrencyacademy.blogspot.com/)