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How do scammers exploit trust and greed in the digital world? Hereโs how they operateโand how you can defend yourself. ๐๐ก๏ธ
๐ Common Tactics Used by Scammers:
1. ๐ค Social Engineering โ Fake friendships, impersonation, or โtrustedโ insiders
2. ๐ Too-Good-To-Be-True Promises โ Guaranteed profits or high-yield returns
3. ๐ฃ Phishing Scams โ Fake websites, emails, or DMs stealing credentials
4. ๐ป Rug Pulls โ Fraudulent projects vanishing with investor funds
5. ๐ง Deepfakes & AI โ Synthetic media making scams look more legit
๐ซ How to Protect Yourself:
โ๏ธ DYOR โ Do Your Own Research ๐ง
โ๏ธ Enable 2FA โ Donโt rely on passwords alone ๐
โ๏ธ Use Reputable Platforms โ Stick to well-reviewed exchanges ๐ฆ
โ๏ธ Never Share Seed Phrases โ No legit entity will ask for them ๐ซ๐
โ๏ธ Stay Updated โ Scammers evolve, so should your awareness ๐งญ
โ ๏ธ In crypto, knowledge is your best armor. Stay alert, stay smart.