Honeypot Crypto Scams – What are They and How do They Work?

The growth in popularity of cryptocurrencies is now evident to everyone, enthusiasts and skeptics. However, among the many consequences of this phenomenon are aspects related to criminal activity. Several reports demonstrate the increase in crypto-related criminal activity in 2021. Among the many operations used by criminals, the practice of the so-called "honey pot" is one of the most widespread. After a necessary premise on smart contracts, this article will explain how a honeypot works. But, more importantly, we will see…