#CryptoScamSurge

Fraud operations are concerning, as more than 46,000 people have reported 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 the money of new investors to pay previous investors and ultimately 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 money.

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