What are the most common crypto scams?

Phishing Scams Phishing scams are another common form of scam in the cryptosphere. Here, the scammers will try to get your username, password, or seed keys somehow by fooling you. Mostly the attackers use two methods to achieve this: 6. Pump & Dump Groups

Are scammers demanding payment in cryptocurrency?

Scammers are using some tried and true scam tactics — only now they’re demanding payment in cryptocurrency. Investment scams are one of the top ways scammers trick you into buying cryptocurrency and sending it on to scammers. But scammers are also impersonating businesses, government agencies, and a love interest, among other tactics.

Are crypto scams driving an online crime boom?

Cryptocurrency scams, like the one that Vu fell for, are driving an online crime boom right now. Romance scams, investment scams, digital wallet hacks, pyramid schemes, ransomware attacks, and even digital art thefts—the methods may be different, but wherever you find a cybercrime victim, odds are good that crypto was involved.

Is squid game a scam?

Now, it's confirmed to have been nothing but a huge scam. Squid Game is one of the hottest things on the planet right now, and using the show's popularity as inspiration, anonymous crypto scammers just made off with millions of dollars within a week. Since its Netflix release on September 17, Squid Game has proven to be a home run.