According to Foresight News, the U.S. Securities and Exchange Commission (SEC) Investor Education and Advocacy Office issued an investor warning, introducing five ways that fraudsters may lure victims into scams involving crypto asset securities: 1. Fraudsters contact you through social media platforms or text messages and then gain your trust; 2. Fraudsters use emerging technologies such as AI to hype; 3. Fraudsters impersonate or hack into trusted sources; 4. Fraudsters may drive up the price of crypto assets and then sell them for profit, including so-called memecoins; 5. Scammers will charge additional fees and lie that they can allow users to withdraw money from their accounts or recover losses.