🚨 TOP 10 BIGGEST CRYPTO SCAMS IN HISTORY 🚨

The crypto world is full of opportunities, but it also has its share of pitfalls. Stay informed and protect your investments by knowing these notorious scams:

1️⃣ FTX

- Collapsed in Nov 2022 due to misuse of billions in customer funds.

- Founder Sam Bankman-Fried sentenced to 25 years for fraud.

2️⃣ Luna and TerraUSD

- May 2022: $60B lost as Luna and UST collapsed.

- Founder Do Kwon arrested in March 2023.

3️⃣ QuadrigaCX

- Founder Gerald Cotten's death in 2018 left $215M inaccessible.

- Uncovered as a Ponzi scheme.

4️⃣ Africrypt

- 2021: Founders Ameer and Raees Cajee scammed investors out of 70,000 BTC.

- Under investigation for money laundering in Switzerland.

5️⃣ SafeMoon

- 2021: Execs withdrew over $200M for personal use.

- SEC charged them with fraud.

6️⃣ Pro-deum

- 2018: Vanished in an exit scam.

- Investors lost all funds.

7️⃣ Pincoin and iFan

- 2018: Modern Tech's ICOs raised $660M in a Ponzi scheme.

- Team disappeared after collecting funds.

8️⃣ Celsius Network

- 2022: Paused withdrawals and filed for bankruptcy, owing $4.7B.

- Plans to return assets to customers.

9️⃣ Centra Tech

- 2017: Raised $25M with fraudulent promises.

- Founders received prison sentences.

🔟 Mining Max

- 2017: Defrauded investors of $250M.

- Only $70M spent on mining, affecting 18,000 investors.

💡 Tips to Avoid Scams:

- Research thoroughly.

- Verify team credentials.

- Avoid unrealistic promises.

- Diversify investments.

- Never store all funds in one place.

Stay cautious and invest wisely! Protect your crypto journey with Binance. 🔒💪

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