Beware of Crypto Scams

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It comes as no surprise that scammers are a part of our society and each day they try to find new and smart ways to take our money. With the rise of cryptos, many scammers saw an opportunity to fill their bags and some of them even achieved this.

Most of you that are reading this most likely either know exactly what i am talking about and never fell victim to these people or you actually lose some money from a scammer.

There are many different types of crypto-related scams like imposter websites that have only one or two pages which are obviously fake. This kind of scam tries to resemble original, valid startup companies and ofc leads you to deposit some cryptos, promising more.

You can identify if that site is a scam by checking If there is a small lock icon indicating security near the URL bar or it has no "https" in the site address. Then we got scamming emails or text messages via telegram or discord.

Moreover, we shouldn't forget the fake accounts of celebrities and other influencers that exist on social media platforms like Twitter and Instagram. We need to identify which account is the actual one and make research before every tweet ;)

Now the main reason i decided to make a post about scams is to try to raise awareness because i keep on watching people lose their money. Today, a friend of mine that i helped with some investments sent a video to a group chat we have with 2-3 other friends who i also helped.

That video had Vitalik and stuff and basically, it was supposed to be an eth giveaway in which you first had to deposit 0.5 eth and they would double it and ofc they would double any amount you would send.

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At first, i thought the guy was joking but after a while, he proposed to everyone to gather their eth together and double their amount that way. In other words, not only he hasn't realized that this is an actual scam he also tried to lead everyone else with him and lose their money together.

Thankfully, i managed to stop them before they take any action but come on guys. We are supposed to be talking about a giveaway. In which giveaway did you pay beforehand? and why the hell would someone double any amount of eth you have?


DO you have any similar stories to share?

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