Crypto Scams and How to Avoid Them: A User’s Guide
It’s become pretty clear that crypto scams are getting smarter. Just look at CircleMetals, which impersonated Circle and had a whole fake site and press releases. It’s a wild world out there. But don’t panic just yet! This post will help you navigate through this minefield and keep your assets safe.
The World of Crypto Scams
Impersonation scams are the name of the game in crypto. They create fake platforms that look like legit ones. The CircleMetals incident? Classic phishing 101. They trick you into connecting your wallet and swapping tokens, and before you know it, your funds are gone.
Regulators: The Good Guys… Sometimes
Regulatory bodies have a mixed track record. They can be slow, sure, but they still play a crucial role….
