Warning: Crypto Scams Ahead!⚠️⚠️⚠️
Hey traders, let's talk about some of the biggest scams in crypto history. Like, remember FTX? That exchange went bust in November 2022 after messing up billions in customer funds. And, oh man, Luna and TerraUSD? They faced a $60 billion loss in May 2022! And, yeah, QuadrigaCX? That one was a Ponzi scheme! Africrypt? Same thing! SafeMoon? Yeah, those execs allegedly withdrew over $200 million for personal use!
So, how can you protect yourself? Do your research, verify team credentials, avoid unrealistic promises, diversify investments, and don't put all your eggs in one basket! Stay vigilant and make informed decisions in this wild crypto market!
Here are some more scams to watch out for: Pro-deum, Pincoin, iFan, Celsius Network, Centra Tech, and Mining Max. Yeah, it's a long list, but you gotta stay informed to stay safe!
DYOR ‼️