Artem Kliuchnikov and his family fled Ukraine just days before the Russian invasion. Anastasia Vlasova/Getty Images 'Wild West' However, the perpetrators of such frauds are now adopting new methods and technologies to defraud the investors. Messages are not fully encrypted by default. That means the company could, in theory, access the content of the messages, or be forced to hand over the data at the request of a government.
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