#StaySAFU A crypto scam is a fraudulent scheme that exploits the popularity and complexity of cryptocurrencies to deceive investors and steal their funds. Common scams include fake initial coin offerings (ICOs), Ponzi schemes, phishing attacks, rug pulls, and impersonation of trusted figures or platforms. Scammers often promise high returns with little risk, preying on fear of missing out (FOMO). These schemes can spread rapidly through social media and online forums. Due to the decentralized and anonymous nature of blockchain, tracing stolen funds is difficult. Staying informed, verifying sources, and using secure wallets are essential steps to protect against falling victim to crypto scams.