Top 5 Bitcoin Scams You Must Be Cautious About

Phishing Scams 

Fraudsters trick users into revealing sensitive information.

1

Ponzi Scams 

Scammers promise high returns and use new investors' money to pay off old investors.

2

Fake Bitcoin Exchanges 

Fraudulent exchanges that steal users' funds or don't offer legitimate trading.

3

Malware

Criminals infect computers with malware to steal cryptocurrency and personal information.

4

Social Media Scams 

Criminals create fake social media profiles and use them to scam unsuspecting users.

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