The cryptocurrency phenomenon has led to numerous scams on social media platforms. Companies that are claiming “guaranteed investment” and “no risk of losing money” are taking you to be a crypto-fool. There is no such thing as a guaranteed investment. On its face, investment comes with the risk of losing money. So, how have these scams evolved? Empty Promises Initially, scammers would announce giveaways and contests, promising to send certain amounts of crypto (ETH, BTC, or LTC) to the “first 50 people” to respond or provide financial information. This allows scammers to gauge the types of responses they get, and then lookPowered by WPeMatico
