⚠️ CRYPTO SCAMS TO WATCH OUT FOR: SCAMMERS USE HONEY-POTS AND FRAUDULENT ATMs
Recent scams in the crypto world, particularly honeypot scams and fraud via crypto ATMs.
🔍 What’s happening
Honeypot scams are exploding in smart contracts: investors buy a token that prevents them from selling it later, a digital golden cage signed by an evolved contract.
In the United States, states have just legislated on crypto ATMs to limit fraud through the anonymity of these machines used by scammers.
📌 Why inform readers tonight
✅ Security above all: your subscribers can easily avoid losing their funds by learning to spot this type of scam.
💡 Critical knowledge: understanding how a honeypot scam traps users enhances their vigilance towards new tokens.
🛡️ Strengthened trust: discussing new laws shows that regulators are reacting, reassures, and effectively informs.
🛠️ Practical advice to share
👉Always test tokens: check the “sell” function before buying — never invest if the smart contract prevents you from selling.
👉Avoid unusual crypto ATMs: favor legitimate banking platforms and instruments; a street ATM can be used for laundering or theft.
👉Warn about new legislations: inform your readers that some states are now imposing strict rules, which will change malicious practices.
