Crypto investors often come across many scammers trying to rob them. And most investors have lost millions on many crypto scams. Therefore, all crypto investors should be aware of the scams and scams that occur in their crypto career so that they can avoid these scams. It is a common scam that is most common among cryptocurrency investors.
Beware of the Notorious Scammer
That said, almost every investor has encountered this scammer at least once in their career. Well, here scammer will give you several suggestions for you to invest in their website, which is not legit, genuine or push worthy. These scammers will tell you about celebrity endorsement and investment. At the same time, they will also tell you that they offer you high returns and other benefits that other platforms do not offer. And if you believe them and invest in your website, e.g. B.
Beware of Scammers
Pay 1 BTC, you will not find them. So if you come across any of these scammers, you should call law enforcement and let them know. Almost everyone uses social media platforms these days. Currently, more than 3 million people worldwide use various social media platforms. At the same time, more than 250 million applications have been downloaded by people around the world, and more than 1.88 billion websites have been viewed. So you can imagine people using the internet in crazy ways.
However, scammers also use these platforms to scam people. Scammers create fake apps, websites and social media pages and also deliver various ads. to make you think they are legit and fall into their trap. At the same time, scammers will come up to you and convince you with their lies to invest in their platform in the form of cryptocurrency.
Beware of Deceptive DeFi Schemes
If you are suspicious of them, they will give you refunds and gifts and also share their personal life, which is not really so that you can trust them. Don’t fall into his trap. Lose all your money. This scam usually occurs when an investor is attracted to a DeFi system. Now some shady developers are creating such schemes and convincing investors that they have a bright future with crypto and this scheme. At the same time, they also promise high returns and many other advantages.
Unveiling the Vulnerabilities
But when an investor invests in your fund, they simply withdraw all funds, cancel the platform, and walk away. Of crypto, you have no control over the currency and who is the other party to which you transferred your money. Can’t find it or get your money back. This is where a scammer finds your email address, mobile phone number and address on social media platforms like Facebook or Instagram. It then calls the carrier and pretends to be you so they can move the number to a new SIM card.