What are the most common scams in the crypto world?
Fraud in cryptocurrencies is on the rise. Here are the most popular scams:
• Fake exchanges – offer attractive conditions but block withdrawals.
• Phishing sites – impersonate known platforms to steal wallet keys.
• Pump & Dump – price manipulation to inflate it artificially and then let it crash.
• Rug Pull – developers disappear with investors' money.
📌 Golden rule: If something sounds too good to be true, it probably is a scam.