How to Spot a Crypto Scam
Cryptocurrency started out as an experiment in digital money, but today it’s gone mainstream. According to Security.org, about 65 million American adults now own crypto, and two-thirds of them plan to buy more. But the same things that make cryptocurrency appealing—decentralization, privacy, and limited oversight—also make it a fertile ground for scammers.
If you’re investing or just curious about crypto, watch out for these major red flags:
Demands for crypto payment
A real business or government agency will never ask for Bitcoin or Ethereum. If someone insists you pay in crypto—especially upfront—it’s a scam.
The “investment manager” trick
Scammers pose as professionals offering a one-time chance to…
