Fraud in the crypto world isn’t new, but recent statistics are alarmingly scary. Genuinely, if you’ve studied many of these crypto scam events, you’d notice that scammers don’t steal your money directly; they play victims a script that borrows their confidence and makes them hand it over without them knowing.

Do you know that every scam begins long before the money is moved? Obviously, it begins with a story, the one written for the target. It is rehearsed several times and perfected just to make the target feel in charge before they strike.

Coinsbuy, one of the recently attacked crypto exchanges, lost over $8 million to scammers. A security researcher further reported that it was a coordinated attack across the Tron and Ethereum…