Crypto Scam Watch monitors the following Crypto Scam types, what they are and how to spot them so that you don't become the victim .
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Phishing Scams
Description: Phishing Scams are fraudulent attempts to obtain sensitive information by disguising as a trustworthy entity.
Identification: Unsolicited emails or messages asking for personal or financial details.
Social Media Scam
Description: Fraudulent schemes spread through social media platforms.
Identification: Promises of free cryptocurrency, celebrity endorsements, and unsolicited messages.
Fake Giveaway
Description: Fraudulent giveaways requiring users to send cryptocurrency to receive more in return.
Identification: Requests for upfront payments, unofficial sources, and too-good-to-be-true offers.
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