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Scam (crypto fraud)

In short

Crypto scams range from fake exchanges and "doubling" offers to romance fraud with fake trading apps. The common core: guaranteed returns and time pressure.

Three eternal rules: nobody doubles your money. Nobody legitimate asks for your seed phrase. And whoever pressures you to act fast is working against you.

I paid into a scam — now what?

Save screenshots, file a police report, report wallet addresses to tracking services — and never pay "recovery agents": that is the follow-up scam.

Related terms

Information, not investment advice. More of this? The newsletter.