Synonyms for «cryptocurrency scams»

"Cryptocurrency scams" refer to fraudulent activities that target individuals or investors in the cryptocurrency market. These scams deceive people by promising false opportunities to invest, trade, or profit from digital currencies. Scammers may use various methods like phishing, pyramid schemes, or fraudulent initial coin offerings (ICOs) to steal money or valuable personal information from unsuspecting victims. It is important to be cautious and do thorough research when dealing with cryptocurrency to avoid falling victim to these scams. Full definition