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 .
Sign up to our news letter for daily notifications and potential consumer alerts to scams as we are notified. As we report scams we will send out a daily email that summarizes the scams we have encountered.
Ponzi Scheme Scams
Description: Investment scam promising high returns with little risk, paying profits to earlier investors with funds from new investors.
Identification: Guaranteed high returns with little risk, consistent returns, and unregistered investments.
Fake ICO
Description: A Fake ISO is a cryptocurrency scam where fraudulent initial coin offerings are created to solicit investments for non-existent projects.
Identification: Lack of a whitepaper, unverifiable team, and unrealistic promises.
Investment Scam
Description: Fraudulent investment opportunities promising high returns with minimal risk often requiring hurried investment from victims.
Identification: Unsolicited investment offers, lack of regulation, and pressure tactics.
Ponzi Contract
Description: Smart contracts designed to mimic legitimate investments but operate as Ponzi schemes, sometimes falls under the investment scams catagory.
Identification: Unrealistic returns, new investments paying older returns, and lack of sustainability.
Ponzi Token
Description: Tokens created solely to operate as Ponzi schemes.
Identification: Lack of utility, unrealistic returns, and reliance on new investments.
DeFi Rug Pull
Description: Developers of decentralized finance projects withdraw all funds, leaving investors with worthless tokens.
Identification: Anonymous teams, sudden liquidity removal, and lack of transparency.
Initial Exchange Offering (IEO) Scam
Description: Fraudulent IEOs where exchanges and project teams collude to defraud investors.
Identification: Unverified exchanges, lack of regulation, and unrealistic promises.
All products recommended by CryptoScamWatch.com are selected by our editorial team. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
