#CryptoScamSurge

The recent surge of Bitcoin, which surpassed $120,000, has generated new enthusiasm among investors, but this bullish trend also presents a downside: the increase in cryptocurrency-related scams. The growing public interest and demand for ETFs have led scammers to attract new users on unregulated platforms.

Scammers use various methods to deceive investors, such as fake trading apps, phishing websites, gift scams, and pump-and-dump schemes. Many of these platforms appear legitimate but disappear when users attempt to withdraw funds.

Others impersonate real exchanges or pose as support agents to steal credentials and assets.

To avoid becoming victims, investors must be alert to warning signs such as guaranteed returns, lack of visible team or contact information, absence of regulatory licenses, and overly sophisticated websites. Using reliable platforms, employing MFA, avoiding unknown links, and verifying activity helps reduce risk.

Cryptocurrency trading still holds significant potential, but education and caution are essential. Staying informed about common scams and adopting safe habits is the best way to protect investments in an ever-evolving digital landscape.