#CryptoScamSurge

Fraud schemes are concerning, with more than 46,000 people reporting losses exceeding one billion US dollars due to these operations since 2021. To protect yourself, it is essential to stay informed and exercise caution. Here are some key points to pay attention to¹:

*Types of cryptocurrency frauds:*

- *Ponzi schemes*: These operations rely on new investors' money to pay previous investors and eventually collapse when new investors disappear.

- *Fake projects*: Scammers create fake projects to raise funds from investors and then disappear.

- *Hacking attacks*: Hackers breach accounts, wallets, or emails to steal funds.

- *Pump and dump*: Scammers artificially inflate the prices of cryptocurrencies and then sell their assets at the inflated price.