Crypto Scams

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Crypto Scams, Be aware of these!

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  • scholareum posted an update in the group Crypto Scams

    2 weeks, 6 days ago

    MEV BOT Scam Alert, report such scam to community!

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  • scholareum posted an update in the group Crypto Scams

    4 weeks ago

    A crypto scam is a fraudulent scheme that exploits the use of cryptocurrencies to deceive people and steal their money or assets. These scams often prey on the lack of regulation, anonymity and technological complexity of the crypto space to mislead victims.

    Common Characteristics of Crypto Scams:

    False Promises: Offering unrealistic returns on…[Read more]

  • 6 saaark joined the group Crypto Scams

    1 month ago
    Crypto Scams
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  • scholareum posted an update in the group Crypto Scams

    1 month ago

    CRYPTO SCAM: FTX Collapse (2022):

    One of the most significant crypto scams in recent history was the collapse of the FTX exchange, founded by Sam Bankman-Fried. Promoted as a highly secure platform, FTX attracted millions of users and substantial institutional investments. However, it was revealed that the company had misused customer funds to…[Read more]

    • CRYPTO SCAM: LUNA and UST Crash (2022)
      The Terra (LUNA) and its algorithmic stablecoin, TerraUSD (UST), became the center of a massive crypto collapse in 2022. LUNA’s creator, Do Kwon, promised a stable and decentralized currency, but the system’s design flaws led to a catastrophic failure. When UST lost its peg to the U.S. dollar, a death spi…[Read more]

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    • CRYPTO SCAM: BitConnect Ponzi Scheme (2018)
      BitConnect was one of the earliest and most infamous crypto Ponzi schemes. The platform promised investors guaranteed returns of up to 40% per month through a lending program allegedly powered by a proprietary trading bot. In reality, the platform had no such technology and was operating as a classic…[Read more]

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  • scholareum created the group Crypto Scams

    1 month ago
    Crypto Scams
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