What are Crypto Scams?

Crypto scams are fraudulent schemes that manipulate individuals or businesses into sending cryptocurrency or personal information to the scammer. Some common types of crypto scams include: Ponzi/pyramid schemes: These scams promise high returns to earlier investors by paying off those returns with the investments of new investors rather than through legitimate business activities. Phishing scams: These scams use fake websites, emails, or texts to trick individuals into revealing their personal information, such as login credentials or private keys. Investment scams: They lure…