What are the fake crypto investment sites?
Have you ever come across those websites promising incredible returns on your crypto investments, only to later find out they were all too good to be true? These are fake crypto investment sites, and they're becoming increasingly prevalent in the world of cryptocurrency. But what exactly are they, and how can you spot them? Let's delve into the world of these fraudulent platforms and uncover their telltale signs.
How much money have cryptocurrency investment scams lost?
In recent years, the cryptocurrency market has witnessed a surge in investment scams, leaving many investors in financial ruin. These elaborate schemes often promise significant returns with minimal risk, luring unsuspecting individuals into a web of deceit. Could you elaborate on the scale of these losses? How much money, approximately, have investors lost to these cryptocurrency scams globally? What are some of the most common tactics employed by these scammers? And how can investors protect themselves from falling victim to such fraudulent activities?