Common Cryptocurrency Scams

[Golden9]

Scammers will always follow the money, wherever it is. If you are not knowledgeable about how they operate, you will fall for this.

One upcoming scam is the ponzi mining schemes. You have to buy a machine to mine a coin like USDT, Tron or others. All ponzi schemes eventually crash though.

Another one is the money doubling scheme. Even though this one is quite popular, people still fall for it.

 

[riberet19]

Ponzi or Hyip schemes are doomed to die at any time, putting your money there is simply giving it away to these scammers, you should not fall for false high-yield lies or other fallacies to get your money

 

[Suba]

There are many ways that crypto fraudsters do to trap their victims such as phishing, fake crypto applications, fake Tweets on social media, fraudulent emails, fake microwallets like Expresscrypto etc.

 

[IB D]

One of those coins that has turned out to be a scam is zugavoin. With the kind of publicity that man was doing, I am sure he caught some gullible people.

 

[gammarays]

Most Ponzi schemes owners have fully migrated to crypto. It has given them a good environment to operate. Most token sales and projects are structured like Ponzi.

 

[hastral45]

Both ponzi mining scheme and Crowdfunding should be discarded in all ramifications. There is nothing like paying for mining slots or double your funds by investing in this cryptos programs. They are all scams.

 

[gammarays]

Both ponzi mining scheme and Crowdfunding should be discarded in all ramifications. There is nothing like paying for mining slots or double your funds by investing in this cryptos programs. They are all scams.

The funny thing is that they've found their way into crypto. Most crypto projects are structured like Ponzi schemes to dupe investors.

 

[Reedex]

Common cryptocurrency scams are sending fake crypto which they called flash Bitcoin.

 

[gammarays]

There are many scams going on in crypto where bad actors steal investors funds. Some creators create tokens only to pull liquidity and rug later. There are phishing crypto airdrops that drain victims wallets.

 

[LoukiaCharilaou]

Unfortunately, there are so many scammers who are looking for innocent victims. We must be very careful.

 

[riberet19]

Unfortunately, there are so many scammers who are looking for innocent victims. We must be very careful.

And they will not stop proliferating really because there is still no clear regulation, and it is easy to create a token that anyone can do and with the intentions they please, it is very easy and economical to do for example in the smart chain of binance

 

[LoukiaCharilaou]

And they will not stop proliferating really because there is still no clear regulation, and it is easy to create a token that anyone can do and with the intentions they please, it is very easy and economical to do for example in the smart chain of binance

I know. These scammers always find ways to cheat people. It is so sad.

 

[Stardom22]

I too have fallen a victim of the crypto currency scams. I have been scammed a couple of times by the high yields investment platforms on the internet. People should watch out on this.

 

[uptrendfinancialsignal]

Cryptocurrency scams are springing up in large mass presently and there is need to be very sceptical of cryptocurrency investment.