14 Crypto Scam Types (and How Blockchain Forensics Helps Detect and Disrupt Them)
Key takeaways
- Crypto scams are schemes that use deception and the pseudonymity of blockchain to steal digital assets or sensitive information from victims.
- According to research from TRM Labs, crypto scams have cost victims at least USD 53 billion since 2023 — and many share on-chain hallmarks.
- Blockchain forensics is the practice of analyzing blockchain data to trace transactions, identify illicit activity, and link wallets to real-world actors. It is a critical tool used by investigators to disrupt scam networks.
- From phishing to pig butchering, crypto scams largely rely on deception — often preying on victims’ emotions and leading to lasting psychological damage.
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As cryptocurrency adoption grows, so does the…
