Association of Crypto Companies Launches BTC-Reward For Whistleblowers

News
Tue, 08/21/2018 - 14:13
Yuri Molchan
100 BTC are prepared as rewards within the Crypto Watch Program
Cover image via U.Today

The first E-commerce P2P marketplace, ECoinmerce, working through tokens, has announced the creation of the Crypto Community Watch program in cooperation with some other startups. It provides an opportunity for all whistleblowers, who want to stay anonymous, to help investigate crypto criminals, including hackers.

The goal of the program is to deal with bad guys in the crypto industry and reward good ones. For this purpose, the group has allocated 100 Bitcoins which are stored in an escrow wallet, which will be used to award those who anonymously tip off the new “crypto Robinhoods.”

According to the ECoinmerce COO, the crypto industry should be the first to deal with criminals in this area, and regulators should interfere only after that.

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today, can be contacted at yuri.molchan@u.today.

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