Revealing the 6 Common Scams of Wallet Fraud ~ Cryptocurrency Fraud Prevention Guide Hello everyone, recently many family members have had their wallets scammed by various tricks, making it hard to guard against. Today, I will share some common types of 'tricks'.

First type: 'Intimate Chat'

Scammers will share some daily life on social platforms, mostly presenting a packaged persona, with their IP showing as being abroad. They attract you with a glamorous lifestyle and, after adding you on a messaging app, will show great concern for you, asking about your well-being in detail. Eventually, they will subtly hint that they are making a lot of 'money' on a certain platform. Once your funds enter the platform, they will disappear without a trace, and you will be blocked. What you thought was a 'windfall' from a rich and handsome person is actually a 'trap'; this is how you fall for a fake trading platform!

Second type: 'Scan Code Authorization'

For example, phrases like 'high price for U' and 'low-risk U arbitrage' can make you put your money in a certain wallet. Scammers will use various tricks to have you scan their QR code, then start their scheme by asking you to send 1 U to them for testing if your U can be used. They might even send you TRX as gas fees. Once you scan, you might think you're making a normal transfer, but the QR code is actually using malicious code; it’s an authorization interface. Once authorized, your assets will be immediately deducted.

Third type: 'Cash for U'

This type targets offline U exchanges, usually arranging a meeting place to complete the transaction with cash. After you transfer your U to the other party, they will quickly delete their wallet or use the excuse of not receiving it to demand that you leave with the cash. They also exploit the loophole after the 924 policy, where virtual currencies are generally hard to 'file a case', boldly robbing you.

Fourth type: 'Staking Mining, Airdrops'

This type usually requires you to enter a link designated by the scammer using your wallet. The operation is similar to the 'Scan Code Authorization' principle, which also illegally calls the contract address. Once you download their linked page or app and follow their prompts, you'll be authorized, and they will perform multi-signature actions on your account. In the early stages, you may be able to withdraw a small portion of your assets. However, once you deposit the amount they expect, they will deduct your assets.