The rise of cryptocurrency has opened a vast landscape of opportunities, but with it comes the ever-present threat of fraud. Fraudsters, eager to exploit the excitement and lack of familiarity many have with this new asset class, are often lurking in the shadows. To protect your hard-earned assets, it’s crucial to develop a keen eye for spotting crypto scams. This article equips you with the knowledge to identify and avoid these deceptive schemes. We’ll look at the most common red flags, empowering you to make informed investment decisions in the dynamic world of cryptocurrency. What are crypto scams? Crypto scams are financial frauds designed to steal your cryptocurrency or exploit your investment for fraudulent gain. These schemes can take many forms, from fake investment opportunities to phishing attacks targeting your crypto holdings. Fraudsters prey on unsuspecting individuals through a variety of tactics, often leveraging the very features that make cryptocurrency attractive – anonymity, decentralisation,  ...