Cryptocurrency Q&A
What are bitcoin scammers & how to avoid them?
What are bitcoin scammers & how to avoid them?
GwanghwamunGuardianAngelWings
Fri Feb 21 2025
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5
answers
1286
I want to understand what Bitcoin scammers are, their common tactics, and how I can protect myself from falling victim to such scams.
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5 answers
Claudio
Sat Feb 22 2025
Scammers are leveraging the credibility of prominent news sites and government agencies to give legitimacy to their fraudulent activities related to Bitcoin.
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Riccardo
Sat Feb 22 2025
ASIC has received numerous reports from the public regarding these scams, highlighting the need for continued awareness and caution in the cryptocurrency market.
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noah_smith_researcher
Sat Feb 22 2025
These scammers often pose as legitimate financial entities or trading platforms, enticing unsuspecting victims to invest in cryptocurrency schemes.
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Michele
Sat Feb 22 2025
It is crucial to remain vigilant and avoid falling prey to crypto trading scams, such as Bitcoin Evolution, Bitcoin Revolution, and Bitcoin Trader, which have been identified as fraudulent.
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SakuraBloom
Sat Feb 22 2025
The Australian Securities and Investments Commission (ASIC) has taken notice of these deceptive practices, particularly the use of fake endorsements to promote cryptocurrency scams.
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