The 7 Most Common Scams in the Crypto World
The 3rd one even veteran investors can't guard against
🚨 Some people have achieved financial freedom through cryptocurrency
But for many, it only leads to a nightmare of being exploited
Here are the 7 major crypto scams I've compiled,
After reading, you'll avoid detours👇
1. “Fake Airdrop, Real Phishing”
➤ You think it's a benefit, but clicking the link clears your wallet
➤ Once you authorize the transfer, your assets belong to them
2. “KOL Endorsed Coin”
➤ A certain influencer suddenly recommends a “100x Coin”
➤ In reality, it's a setup to lure you into buying a pre-owned coin
3. “New Public Chain Financing”
➤ The white paper is full of promises, but the actual code is a patchwork of copy-pasting
➤ By the time you rush in, they've run away
4. “Mining Machine Rebates”
➤ Guaranteed returns + high profits? Such a good thing doesn't exist in crypto
➤ In reality, it's a Ponzi scheme, and if there are no new investors, it collapses
5. “Fake Project Induction”
➤ Impersonating official project websites and group chats to fish for victims
➤ Hard to distinguish between real and fake, and one wrong move can wipe your wallet
6. “Market Cap Management Team”
➤ First, build a community + stabilize the price, then KOLs pump it up
➤ You rush in, and they dump their shares in stages to cash out
7. “Blockchain Game/Metaverse Scam”
➤ Flashy but ungrounded, relying on a bunch of models to scam for financing
➤ Attracting new users through FOMO, but there’s no actual chain or game
