Course Description

Synopsis:

Cryptocurrencies and blockchain technology have revolutionized the financial landscape, offering new opportunities and challenges. As the popularity of these digital assets continues to grow, so does the prevalence of scams and fraudulent schemes designed to exploit unsuspecting investors.

In this comprehensive presentation, we will delve into the basics of cryptocurrency and blockchain technology to build a foundational understanding. We will then explore common types of scams, including Ponzi schemes, fake ICOs, phishing scams, pump and dump schemes, and rug pull scams. By analyzing real-life examples, such as BitConnect and OneCoin, audiences will gain insight into how these scams operate and their impact on the market.

The core of the presentation will focus on the top five warning signs to look out for when evaluating cryptocurrency projects. These include unrealistic promises and guarantees, lack of transparency and anonymity, pressure tactics and urgency, poorly written whitepapers and documentation, and the absence of a credible team. Each warning sign will be illustrated with detailed examples and tips on how to recognize and avoid them.

To empower audiences with actionable knowledge, we will discuss preventive measures and best practices for conducting thorough research, securing investments, and understanding regulatory and legal considerations. The goal is to inform about the complexities and potential pitfalls of investing in cryptocurrency and blockchain projects, and equip audiences with the tools and insights necessary to make informed decisions and safeguard their investments in the volatile and rapidly evolving world of cryptocurrency and blockchain.

In summary, the primary objectives of this presentation are to:

  1. Identify and understand common types of cryptocurrency and blockchain scams.
  2. Recognize warning signs and red flags that indicate potential scams.
  3. Analyze real-life case studies to learn from past mistakes and successes.
  4. Equip audiences with preventive measures and best practices to protect their investments.
  5. Foster a deeper understanding of regulatory and legal considerations in the cryptocurrency space.

 

Intended For:

  • Audit Professionals / PAIP 
  • Finance Professionals  / PAIB 
  • Public Sector Finance
  • C-suite & Directors

 

Competency Mapping:

  • CPE Category 2 = 0.5 Hour
  • CPE Category 5 = 0.5 Hour
Instructor Image

Leon Low

Leon, a Fellow Chartered Accountant, began his career in the audit industry and transitioned to Chief Operating Officer at a web3 investment company. With 17 years in accounting and finance, Leon’s experience includes Big Four audit firms, a listed company, a $100 million startup, and as a CFO in a fintech firm specializing in payments and cryptocurrency. He co-founded a crypto-focused accounting firm. Leon’s interest in cryptocurrency grew during his CFO tenure, where he implemented a crypto payment structure and explored various DeFi aspects. He values cryptocurrency for its autonomy and potential, likening it to the early internet days.

Course Rating

4.3333333333333

Speaker's Rating

4.3333333333333

1 CPE Hour

Lesson(s)

4

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