Here are some recent false news and scams in the crypto space:
- *False Investment Opportunities*: Scammers are promising unusually high returns on crypto investments, like a 40% return promised to a techie from Hinjewadi, who lost Rs 34 lakh.
- *Wallet Swap Scams*: A woman in Dubai was sentenced to jail for orchestrating a sophisticated crypto scam where she swapped investors' hardware wallets, stealing millions in digital assets.
- *Romance Scams*: A US man lost Rs 12 crore in a romance scam, where scammers depleted his retirement and life savings through four cryptocurrency transactions.
- *Fake Job Scams*: A work-from-home job scam in Delhi duped a man of Rs 17.49 lakh through a sophisticated online scam involving cryptocurrency.
- *Ponzi Schemes*: Nigerians are falling victim to crypto scams, with experts warning about financial illiteracy and lax regulations making people susceptible to scam companies.¹ ² ³
Stay vigilant and do your research before investing in any crypto opportunity! 😊
