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Common crypto scams include: Fraudulent wallets and exchanges: Hundreds of crypto exchanges exist. Fake best anonymous crypto exchange, unfortunately, are quite common, as are fake wallets, which can be clones of legit wallets.
Initial coin offering fraud: Initial coin offerings ICOs allow companies or individuals to raise funds for new cryptocurrencies by offering virtual coins in exchange for real currency. Ponzi schemes: These schemes have been around since the s, aonymous are excnange seen in the cryptocurrency world. Impersonation: Fraudsters create fake accounts on social media sites which impersonate genuine cryptocurrency executives or businesses, and use these accounts to compromise or defraud others.
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