One of the major concerns with cryptocurrency is how easily it can be scammed from people. Since it is an online system there is no sense of actual security that is involved and as a result people are very sceptical when it comes to investing in cryptocurrency. Especially with various cryptocurrency coins not being trackable and the coins and transactions also not being traced if you do lose cryptocurrency to a Ponzi scheme or a scam of any sort then it is very unlikely that you are able to recover that money. Recently a news article has shown that the criminal investigation Bureau in Taiwan and actually found 14 people that were accused of scamming various citizens in the country of their cryptocurrency investments. Currently the group is being charged with money laundering and fraud and it is shown that they have breached an organised crime prevention act. It seems that legal action is a will to be taken against cryptocurrency scammers and this is a very good step in the right direction to try and implement and legalize cryptocurrency in the future.