Scammers are using the popularity and complexity of crypto assets to scam investors.
It’s the age old scheme. Reimagined for a modern world. But it’s still a scheme.
If they say they’re giving away crypto, they’re probably not. They’re just trying to lure you in.
Pump and Dumps
Sometimes missing out is the best part of FOMO. Just because something looks like the next best thing doesn’t mean it is.
Fake Crypto Websites
Just because a website looks legit doesn’t mean it is. For the record this is a very legit website.
If you’re being propositioned with crypto, chances are it’s not love. It’s a scam.
Watch out for these common red flags
- Guarantees are almost guaranteed to be a scam. For example “guaranteed to get rich quick.”
- When they’re being vague or can’t answer your questions.
- A sense of urgency. Like when someone says “Don’t miss out, need to act fast.” You can miss out on that.
- Asking for your login details or crypto key.
- Asking you to pay a fee or tax to get your profits.
- Typographical errors and obvious misspellings in emails and on social media posts.
- If it’s too good to be true. There is almost never “zero risk.”
Learn how to avoid investment fraud with our free Fraud Email Course.
You’ll receive four short modules in your inbox.