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The scams in the Bitcoin & crypto space are, unfortunately, not low in number. Sometimes the only safe option is to ignore them, but there are the few occasions that require a thorough breakdown of just how the scam works, in hopes of protecting the often naive and uninformed noobs that enter this space. Today we read a piece by Goldman Sats breaking down the inner workings of the HEX scam, and how it is designed for one thing, and one thing only, to take your money.\nListen to find out more!\nDon\u2019t forget to drop the max applause on this article and for @TooWumboToFail\u2019s excellent research into how this works and making it available to everyone. And if you ever hear word of someone thinking of participating, don\u2019t forget to send them to this article or episode before they do.\nhttps://medium.com/@TooWumboToFail/under-a-hex-396847b86e57\n\nHere is the "advanced analysis of how HEX works" link buried in the website so anyone who wants to explore further can do so.\nhttps://docs.google.com/document/d/1P0ZDaBQx4ghkdX5IUwZb1n8ThvYf7i22MSt9Gm00JRU/edit\n\nIf you want to support the show and join the Cryptoconomy Telegram crew, become a patron below!\nhttps://www.patreon.com/thecryptoconomy\n\n--- \n\nSend in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message