$ 1,000,000 Was Stolen - Beachswap Stole People's Money

$ 1,000,000 Was Stolen - Beachswap Stole People's Money

My last post yesterday was focused on risky projects and investments, I mentioned Beach Swap as a dubious option, it really happened that $ 1,000,000 was stolen from people. You should not invest in risky projects that do not have an audit, and if you already want to invest because they offer huge profits, then let it be an amount that you will not regret if you lose it.
There have always been thieves, the point is to organize the community much better and make filters for new projects.

Every problem and case like this is a good school to learn something, greed and ego are the biggest killers of intelligence, we have to look deeper into the project, who is the founder of the project and its credibility, coin liquidity, turnover, legality, etc. Maybe it is good to make certain rules for new projects, that they have to go through some security procedures, or that the exchange office for BCH and smart BCH be a bridge that controls money and that users are behind it, that everything is decentralized.

We now have a great challenge to create our liquid exchange office that will be decentralized (not to depend on Coinflex because we are centralized in that way) and to create protection protocols that can help and prevent such situations. It is time to wake up, if we can invest 1,000,000 in one day which means that this community has huge potential, we can develop on excellent and innovative projects that will support the development of the Smart BCH network and BCH value.

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