How Legitimate Is Cryptocurrency

Last Updated on October 1, 2023 by Paganoto

Reports show scammers cashing in on crypto craze

Here are some things to know to steer clear of a crypto con: Only scammers will guarantee profits or big returns. No cryptocurrency investment is ever guaranteed to make money, let alone big money.Jun 3, 2022

What To Know About Cryptocurrency and Scams

Only scammers demand payment in cryptocurrency. No legitimate business is going to demand you send cryptocurrency in advance – not to buy something, and not to …

9 common cryptocurrency scams in 2022 – TechTarget

Cryptocurrency scams are rising, and thieves are using new and old techniques to steal money. Some of the latest scams involve rug pulls, Ponzi …

How To Avoid Cryptocurrency Scams – Kaspersky

Scammers sometimes create fake cryptocurrency trading platforms or fake versions of official crypto wallets to trick unsuspecting victims. These fake websites …

How To Tell Whether a Cryptocurrency Is Legitimate

Some scams mimic the development pages of individual cryptocurrencies, while others pose as legitimate cryptocurrency exchanges.

Bitcoin is the greatest scam in history – Vox

Cryptocurrency is best-suited for one use: Criminal activity. Because transactions can be anonymous — law enforcement cannot easily trace who …

What You Need to Know About Cryptocurrency Scams – AARP

Other scammers pose as legitimate crypto traders or set up phony exchanges to lure people into giving them money. Another con involves fraudulent sales …

Beware of Cryptocurrency Scams – Investopedia

To capture the attention of potential targets, many scammers promise to match or multiply the cryptocurrency sent to them in what is known as a giveaway scam.

Cryptocurrency Is a Giant Ponzi Scheme – Jacobin

Cryptocurrency is a scam. All of it, full stop — not just the latest pump-and-dump “shitcoin” schemes, in which fraudsters hype a little-known …

Is Everything in Crypto a Scam? – YouTube

Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.