why crypto is a scam

Last Updated on May 29, 2023 by Paganoto

Reports show scammers cashing in on crypto craze

Reports show scammers cashing in on crypto craze

These scammers tell people the only way to protect their money is to put it in crypto: people report that these “agents” direct them to take out …

9 common cryptocurrency scams in 2022 – TechTarget

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 …

Why Cryptocurrency Is A Giant Fraud – Current Affairs

Why Cryptocurrency Is A Giant Fraud – Current Affairs

This creates higher fraud risk for merchants, which can lead to higher fees for using credit cards. Bitcoin is private. When paying with bitcoin …

Business is booming for crypto scammers – Vox

Business is booming for crypto scammers – Vox

The crypto crash isn’t the only way the decentralized currency can lose its holders a lot of real money. According to a new report from the …

Beware of Cryptocurrency Scams – Investopedia

Beware of Cryptocurrency Scams – Investopedia

Within the context of the cryptocurrency industry, phishing scams target information pertaining to online wallets. Specifically, scammers are interested in …

There's a Really Gruesome Crypto Scam Going Around

There's a Really Gruesome Crypto Scam Going Around

The latest scam, however, is more nefarious in that it doesn’t rely on shady emails about “buying some crypto.” Instead, the scammer finds a …

What You Need to Know About Cryptocurrency Scams – AARP

What You Need to Know About Cryptocurrency Scams – AARP

Cryptocurrency fraud has taken a quantum leap in recent years. The Federal Trade Commission (FTC) received nearly 6,800 complaints of cryptocurrency …

Scams and cryptocurrency can go hand in hand – here's how …

Scams and cryptocurrency can go hand in hand – here's how …

The second basic type of cryptocurrency scam simply uses cryptocurrency as the payment method to transfer funds from victims to scammers. All …