In 2024, cryptocurrency scams are evolving, with rug pulls, phishing schemes, Ponzi schemes, pump and dumps, fake ICOs, and fraudulent crypto exchanges posing significant risks. Scammers use tactics like creating fake tokens, impersonating trusted platforms, and spreading false hype to deceive investors. To avoid these scams, it’s crucial to research projects thoroughly, verify sources, and remain cautious of promises of guaranteed returns or free giveaways. Protecting your investments requires vigilance and knowledge of common crypto fraud schemes.
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