Social media and YouTube have become a platform for crypto scammers. **Gemini** will tell you how to recognize the most common schemes and protect yourself.
**Common Scam Schemes:**
1. **Fake "Giveaways":** Promises to "double" your funds.
2. **Impersonating Others:** Fake accounts of famous individuals.
3. **Phishing Links:** Links to fake websites.
4. **"Pump and Dump" Schemes:** Artificially inflating token prices.
5. **Romantic Scams:** Investment fraud after establishing trust.
**"Red Flags" – Signs of Fraud:**
* Unrealistically high profits.
* Pressure and urgency.
* Requests for private keys/seed phrases.
* Suspicious links/domains.
* Grammatical errors.
**How to Protect Yourself:**
1. Check the source.
2. NEVER share private keys/seed phrases.
3. Ignore "double the amount" giveaways.
4. Be skeptical of personal messages.
5. Do your own research (DYOR).
6. Use 2FA.
7. Report fraud.
**Conclusion:**
Vigilance, knowledge of schemes, and adherence to safety rules are the best protection.
---
**If you liked this article, please like 👍, subscribe for updates, and let us know in the comments what topics interest you!**
---
#CryptoScams #SocialMediaSecurity #YouTubeScams #FraudPrevention #CryptoSafety