Blockchain house of cards: how to avoid falling victim to crypto scammers

There's a serious problem in the world of cryptocurrencies - fraud. In recent years, we've witnessed several high-profile scandals that have shaken the crypto market to its core.

Take India, for example. Several major scams occurred there, including GainBitcoin and Morris Coin, where thousands of people lost billions of rupees. These schemes often disguise themselves as innovative projects with promises of high returns.

But the most striking example is, of course, the collapse of the FTX exchange. Sam Bankman-Fried's story shows how even seemingly reliable platforms can turn out to be houses of cards.

It's always necessary to be vigilant and thoroughly check projects before investing. Pay attention to team transparency, real products, and long-term development plans.

Read more in the article about fraudulent schemes and learn how to protect your assets.

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