Crypto scammers are getting creative, especially on social media, using all kinds of fake offers to steal money and information. Some of the most common scams include fake job offers, online dating connections, investment âopportunities,â and even social media âboostingâ services that promise to increase your followers, likes, and views. Hereâs a look at the tactics they use and how you can stay safe.
Common Tools Scammers Use to Trick You
1. Fake Job Offers
Scammers set up fake job listings, often for remote work or freelance positions, then ask applicants to pay for âtrainingâ or âsecurity depositsâ in crypto. Once the payment is made, the âemployerâ vanishes.
Tip: Be cautious about jobs that require upfront fees, especially in crypto. Real employers donât ask for payment to get hired.
2. Dating and Romance Scams
Fraudsters target people on dating apps or social media, pretending to be interested in a relationship. After building trust, they encourage their targets to invest in a âsure-winâ crypto scheme. It often turns out the romantic partner is actually after the victimâs money.
Tip: Be cautious of anyone met online who quickly steers the conversation toward money or investments.
3. Investment Opportunities
Scammers promise high returns on crypto investments, claiming to be âexpertsâ or âadvisors.â They may show you fake success stories or even doctored screenshots of big profits. Once you invest, they may even show âgainsâ to encourage more depositsâuntil they take the money and disappear.
Tip: Avoid investment schemes that promise high returns, and never trust strangers with your funds.
4. Social Media âBoostingâ Scams
Many scammers offer to boost your social media followers, likes, or views for a fee. They may promise quick results, but after you pay in crypto, they provide nothingâor worse, theyâll ask for your social media login and steal your account.
Tip: Organic growth on social media takes time. Be wary of quick-boost promises, and never share account credentials or pay with crypto for likes or views.
5. Verification Badge Offers
Some scammers promise to get you âverifiedâ on platforms like Instagram or YouTube for a fee. This is never legitimate, as verification comes only from the platforms themselves.
Tip: Avoid anyone claiming they can get you verified for money. Theyâre likely trying to steal your information or funds.
How to Stay Safe
1. Double-Check Offers
Whether itâs a job, investment, or social media boost, research the person or company. Look for reviews and ask around. Scammers often have very little info or poor reputations.
2. Avoid Upfront Payments
Legitimate services rarely require upfront crypto payments. If youâre asked to pay in crypto, especially before receiving anything, itâs likely a scam.
3. Protect Your Logins
Never share login info for social media or crypto wallets. Use strong, unique passwords, and enable two-factor authentication (2FA) to add an extra layer of security.
4. Report and Block Suspicious Accounts
If someone messages you unsolicited with âamazing offers,â report and block them. This protects you and helps platforms identify and shut down scammers.
In Summary
Social media boosting, fake investments, dating apps, and job scams are some of the common tools scammers use to trick people into giving away their money. Always be cautious, do your research, and think twice before sending crypto payments. Remember: if something sounds too good to be true, it probably is. Staying informed and aware is your best defense against crypto scams.