Every bull market drives cryptocurrency to new heights. The total market capitalization of cryptocurrencies now exceeds 2 trillion dollars as prices rise to new peaks, creating a lot of euphoria and FOMO (fear of missing out), which brings tons of capital into this space.

All this activity and life-changing profits lead to fraudulent practices that tend to reach new highs in bull markets alongside prices. Therefore, if you don't want to risk losing money, it is extremely important to know all about the fraud infiltrating the cryptocurrency sector before it becomes too late.