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 crypto
But for more, it’s just a nightmare of being scammed
Here are the 7 major crypto scams I've compiled,
After reading this, you'll avoid detours👇
1. "Fake Airdrop, Real Phishing"
➤ You think it's a benefit, click the link and your wallet is directly emptied
➤ Once you authorize the transfer, your assets belong to them
2. "KOL Endorsed Coins"
➤ A certain influencer suddenly recommends a 'hundredfold coin'
➤ In reality, it's a pre-arranged pump and dump, pulling you in to buy
3. "New Public Chain Financing"
➤ The white paper is full of promises, but the actual code is just copy-pasted
➤ By the time you jump in, they've run away
4. "Mining Machine Rebates"
➤ Principal guaranteed + high returns? Such a good thing doesn’t exist in crypto
➤ It's actually a Ponzi scheme, and it collapses without new investors
5. "Imitation Inducement"
➤ Impersonating project official websites, group chats for phishing
➤ Hard to distinguish between real and fake, one careless move and your wallet goes to zero
6. "Market Value Management Team"
➤ First build a community + stabilize prices, then KOLs hype it up
➤ You jump in, and they sell off in batches to cash out
7. "Chain Games/Metaverse Scams"
➤ Flashy but ungrounded, relying on a bunch of models to deceive investors
➤ Attracting new users through FOMO, but in reality, there’s no chain and no game
$BTC
$ETH