SCAMS

I know it sounds crazy. Why would anyone intentionally join a pump-and-dump scam? The answer is simple: I wanted to experience it, not for profit, but to understand how these traps work from the inside so I could expose them and save someone else from falling into the same hole.
This is my story.
It all started when I found a verified Twitter (X) handle promising up to 3000% gains. They were promoting a “secret insider group” on Telegram. The premise was simple: they claimed to have exclusive information about a new token launch on Solana. The pitch was irresistible—if you followed their steps and joined their group, you could make life-changing returns. That’s what they said.
Curious and cautious, I joined. From the moment I entered, the hype was overwhelming. All week, they built anticipation for the big pump, which was scheduled for Saturday. Everyone was told to prepare. Set up a Phantom wallet. Connect to Raydium. Load some $SOL. They even gave detailed instructions on how to “buy fast” when the moment came.

It all felt professional. Too professional.
But what most people didn’t realize—and what I soon discovered—was that this wasn’t a token they had insider info on. This was their token. They created it using pump.fun. Behind the scenes, the admins of the group had already minted the token and distributed most of the supply—between 50% to 80%—across 8 to 10 different wallets they controlled.
Then, the countdown began. The chat exploded with energy. Admins dropped the contract address like it was a golden ticket. Within seconds, hundreds—maybe thousands—of people started buying in, believing they were early to something massive. The chart exploded. The token price shot up 1000%, then 5000%, and at one point, even 25,000%.
People were euphoric. But behind the curtain, the trap was springing shut.
As soon as the chart hit its peak and the buying frenzy reached a climax, the admins did what they came for. They dumped every single token they held. In just seconds, the chart collapsed. The Telegram group fell silent. And the people—regular folks who thought they were about to strike gold—were left holding worthless tokens.

The reality hit hard. This wasn’t just a scam. It was emotional warfare.
People in that group weren’t just greedy gamblers. Some of them were hopeful. Some were desperate. Some invested rent money or savings they couldn’t afford to lose. And in an instant, all of it was gone. Not because they made a bad trade, but because they trusted the wrong people.
That’s the part that stings the most.
This entire experience opened my eyes. These schemes are organized, calculated, and deeply manipulative. They feed on hope. They speak in the language of opportunity. But what they sell is an illusion, and the cost is real.
Here’s the truth: If someone is promising insane returns in a private group, it’s probably not because they’re generous. It’s because you are the exit liquidity. And if you don’t understand where the money is coming from, it’s probably coming from you.
So no, this wasn’t a win for me. But I hope it becomes one for someone who reads this. Don’t chase hype. Chase knowledge. In crypto, it’s not just your money that’s at risk. It’s your trust, your time, your peace of mind.

Stay smart. Stay safe.
For more Articles and stories, follow @PROfesssorTrades on @Binance Square Official .
#scams #RuggedAgain #BinanceAlphaAlert #IsraelIranConflict #Safety

Australia is cracking down on crypto ATMs amid a surge in scam reports! 🚨 The national financial intelligence agency, AUSTRAC, is enforcing stricter rules, including a $5,000 AUD limit on cash deposits/withdrawals. They're also pushing for better transaction monitoring and scam warning signs.
Why? Apparently, many users are over 50, and sadly, a lot are falling victim to scams. 💔 Federal police say reported losses from these scams have already topped $3.1 million AUD this year alone!🤯
AUSTRAC is working with law enforcement to adjust these rules if needed. It's all about protecting people and businesses from crypto-related crime. 🤔 What do you think of this?
Follow for more insights!
#CryptoATM #Australia #Scams #Regulation #Bitcoin

I think #Binance 's initiative to educate and alert the community about deceptive activities with its "Scam Risk Warning" campaign is excellent; and at the same time reward with $FDUSD totally free only for leaving testimonials to be a cautious operator
In my case I will tell you several experiences throughout this campaign, and currently I bring you the most common one that happens to me as a Content Creator (YouTuber).

When I started this path of recording videos, promoting projects, etc. Upload educational things, I began to receive countless emails with job offers and collaboration, sadly one time it happened that I opened an email and it brought an attached file, the pay was attractive... So I opened the email and downloaded a file that was to install a game .

-In this article, I want to raise the topic of cheating with memcoins.

-The whole scheme is based on the fact that an ordinary crypto user will not delve into where all these coins originate from. It's enough for people to see a coin grow by thousands of percent in a matter of hours. And to dream about how one could get rich by buying literally for a negligible amount.
- You will never be able to buy this coin at the very beginning at the bottom. And now I'll explain why.
-To buy a newly created coin, you need to know its smart contract.Having a smart contract, you will be able to make a swap on the Dex exchange because this coin will never appear on centralized exchanges. The exceptions are the units.
-But as a rule, you only find out about her when she has already made thousands of percent. And when bloggers on Twitter and telegram channels start shouting that a new rocket has appeared, in fact, distribution is already underway and only the very first ones will catch a couple of X's. And then if they manage to sell it.
-How does it all happen?
- For example, a newly created wallet creates a coin worth a total of 100 billion. He then creates a pool with a small number of liquid coins and a full number of newly created coins. Burns the liquidity tokens, and his role ends.
-Then a couple dozen wallets start making swaps for small amounts so as not to disperse the coin rate in advance.These wallets will subsequently be whales that will be advertised with might and main as buyers who expect great growth.In fact, they will act as arbitrage bots that add coins to the pool and withdraw liquidity from it, equalizing the price.After the required number of coins is collected, the course begins to accelerate with several large purchases.
-Naturally, all this is done by one small group of people. Everyone has their own role. Someone creates a coin and writes scripts. And someone is engaged in luring the public. After all, it is necessary that as many people as possible learn about this new Rocket that will enrich them. But in fact, they will be left with useless coins in their wallets.

-And what do we have in the end?

-A coin that doesn't seem to have a master. Locked liquidity. The purchased whales are waiting for the crypto boom.
----WE NEED TO BUY!!!!-----

-But naturally, no one will delve into where the legs of this story grow from. And it always ends the same way. Thousands of buyers with a coin that can fall indefinitely. Until the Liquidity Pool is completely emptied.

-The article turned out to be long and a little messy, but I described the main points. And this is one of the many schemes that scammers use.

-In my next article, I will give an example on a real coin with real screenshots and wallets. I think it will be much clearer this way.

Good hunting!!!
#scams

How to be safe on Binance P2P and avoid getting burned

Binance P2P is like Tinder for crypto, but without the awkward dates and ghosting. However, just like any online marketplace, Binance P2P also has its fair share of scammers and fraudsters who want to take advantage of you. Here are some tips on how to be safe on Binance P2P and avoid getting burned:

Verify your identity and enable security features. Before you swipe right on a trade, you need to complete the identity verification process and enable two-factor authentication (2FA) on your account. This will help protect your account from hackers and impostors .

Choose reputable traders and check their ratings. Binance P2P provides a rating system that shows the feedback and reputation of each trader based on their completed orders, response time, and dispute rate. You can also see their trade volume, number of orders, and verification status. Choose traders with high ratings, large trade volumes, and verified identities to reduce the risk of catfishing .

Communicate with the trader and confirm the payment details. Before you start a trade, you can chat with the trader using the built-in messaging system on Binance P2P. You can ask them any questions you have about the trade and confirm the payment details, such as the amount, currency, account number, and reference code. Do not share any sensitive information or personal details outside of the chat .

Use the escrow service and release the crypto only after receiving the payment. When you start a trade, the crypto amount will be locked in an escrow service provided by Binance P2P until the trade is completed or canceled. This ensures that neither party can run away with the funds. You should only release the crypto from the escrow after you have received and confirmed the payment from the buyer. Do not release the crypto based on screenshots, promises, or threats .

Report any suspicious or fraudulent activity to Binance P2P support. If you encounter any problems or disputes during a trade, you can contact Binance P2P support for assistance. You can also report any suspicious or fraudulent activity, such as fake profiles, phishing links, or blackmail attempts, to Binance P2P support or via email at [email protected] .

By following these tips, you can enjoy a safe and smooth trading experience on Binance P2P. Happy trading! Please follow me for more of these tips

#feedfeverchallenge

#BinanceTournament

#P2P

#Beginners

#scams

In today's digital age, money scams have become increasingly sophisticated, targeting individuals and businesses alike. Understanding the various types of scams and knowing how to protect yourself is crucial. This guide will explore common money scams and provide practical tips on how to avoid falling victim to them.
## Understanding Money Scams
Money scams can take many forms, including phishing emails, fake investment opportunities, lottery scams, and more. Scammers often use psychological tactics to manipulate their victims, creating a sense of urgency or fear to prompt quick decisions. Here are some of the most prevalent types of money scams:
### 1. Phishing Scams
Phishing scams involve fraudulent emails or messages that appear to be from legitimate sources, such as banks or government agencies. These messages often ask for personal information, such as passwords or Social Security numbers.
How to Avoid Phishing Scams:
- Always verify the sender's email address.
- Look for spelling and grammatical errors in the message.
- Never click on links or download attachments from unknown sources.
- Use two-factor authentication for added security.
### 2. Investment Scams
Investment scams promise high returns with little risk, often involving Ponzi schemes or fake investment opportunities in stocks, real estate, or cryptocurrencies.
How to Avoid Investment Scams:
- Research any investment opportunity thoroughly.
- Be wary of unsolicited offers and high-pressure sales tactics.
- Consult with a financial advisor before making significant investments.
- Check for registration with regulatory bodies, such as the SEC or FINRA.
### 3. Lottery and Prize Scams
In these scams, victims receive notifications claiming they have won a lottery or prize they never entered. To claim their winnings, they must pay a fee or provide personal information.
How to Avoid Lottery Scams:
- Remember that legitimate lotteries do not require payment to claim winnings.
- Never provide personal information to claim a prize.
- Verify the legitimacy of the lottery through official channels.
### 4. Romance Scams
Romance scams occur when a scammer builds a relationship with a victim online, often through dating sites, and eventually requests money for various reasons.
How to Avoid Romance Scams:
- Be cautious when sharing personal information with someone you’ve met online.
- Avoid sending money to someone you haven’t met in person.
- Look for red flags, such as requests for money or inconsistent stories.
### 5. Tech Support Scams
In tech support scams, victims receive calls or pop-up messages claiming their computer has a virus and that they need to pay for assistance.
How to Avoid Tech Support Scams:
- Do not provide remote access to your computer to unsolicited callers.
- Contact your software provider directly if you suspect an issue.
- Use reputable antivirus software to protect your devices.
## General Tips to Avoid Money Scams
1. Educate Yourself: Stay informed about the latest scams and tactics used by fraudsters. Websites like the Federal Trade Commission (FTC) and Better Business Bureau (BBB) provide valuable resources.
2. Trust Your Instincts: If something seems too good to be true, it probably is. Trust your gut feelings and take a step back before making any financial decisions.
3. Use Secure Payment Methods: When making online purchases, use secure payment methods like credit cards or trusted payment platforms. Avoid wire transfers or sending cash.
4. Monitor Your Accounts: Regularly check your bank and credit card statements for unauthorized transactions. Report any suspicious activity immediately.
5. Report Scams: If you encounter a scam, report it to the appropriate authorities. This helps protect others from falling victim to the same scam.
## Conclusion
Money scams are a pervasive threat in our increasingly digital world, but by staying informed and vigilant, you can protect yourself from becoming a victim. Always approach financial opportunities with caution, verify the legitimacy of offers, and trust your instincts. By following the tips outlined in this guide, you can significantly reduce your risk of falling prey to money scams. Remember, prevention is the best defense against fraud. Stay safe and secure!

#scams
#moneyscams
$BNB

DeepSeek has become the talk of the Web3 world, especially in the cryptocurrency community. This Chinese AI model has impressed many with its cost-effectiveness, outperforming similar US-based projects. However, as its popularity grows, so do the risks. Scammers are taking advantage of DeepSeek’s rise by creating fake tokens and fraudulent websites.
Here’s what you need to know about these scams and the challenges in dealing with them.
The Truth About DeepSeek
What most people don’t realize is that DeepSeek has no official token and isn’t involved in crypto at all. While its success has caught the attention of crypto enthusiasts, scammers are using this interest to their advantage. These fraudsters mainly target people who don’t fully understand how the crypto market works.
BlockAid, a security firm, reports that more than 75 fake DeepSeek tokens have already been created on the Ethereum and Solana networks. Scammers are using two main tactics to trick traders:
1. Fake Token Releases:
Scammers create counterfeit tokens, taking advantage of people’s eagerness to be part of DeepSeek’s success. These fake tokens mimic real ones, luring traders into making purchases that lead nowhere.
2. Imposter Sites That Steal Your Wallet:
Scammers also build fake websites that look like legitimate DeepSeek platforms. These sites prompt users to connect their crypto wallets, only to drain them as soon as the connection is made.

How to Protect Yourself from Scams
Though scams like these are on the rise, traders can avoid falling victim with some basic research. By doing proper due diligence, you can easily spot potential scams before investing.
The Impact of $TRUMP and $MELANIA Tokens
The launch of tokens like $TRUMP and $MELANIA has unintentionally helped scammers, creating the impression that more major projects are ready to issue tokens. This has made fraudsters more aggressive, especially toward less experienced traders looking to jump on the trend.
Are Platforms Doing Enough?
Platforms like Uniswap and DexScreener have added filters to help block fake tokens. However, experts remain doubtful about the effectiveness of these measures. New scams continue to emerge, making it clear that more needs to be done.
Decentralization vs. Security Debate
The rise in scams related to DeepSeek has also revived the debate about decentralization. Many in the crypto community argue against interference in decentralized systems, even if it’s to stop scams. This issue continues to be a point of discussion as the crypto world looks for ways to protect users without compromising decentralization.
As DeepSeek’s popularity grows, so do the risks of scams. This serves as a reminder for crypto traders to stay alert. While platforms work to combat fake tokens, traders must take extra precautions. Always verify project legitimacy, stay informed, and conduct thorough research to avoid falling for scams.
As the crypto space continues to expand, balancing decentralization and security will be crucial in building a safer environment for everyone.
#DeepSeekImpact #ScamAwareness #scams