#warning!
Fraud in the crypto world is becoming increasingly diverse and sophisticated.
Stuart Alderoty, Chief Legal Officer of Ripple, mentioned several types of fraud that often occur in the digital asset world.
Among them are:
1. Pig butchering scam,
2. Pump-and-dump scheme🏷️,
3. Fake giveaways 🎁☠️,
4. Phishing (fraud through links)🖇️, and
5. Identity theft.🪪
