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How to Identify and Avoid Common Crypto Imposter Scams

How to Identify and Avoid Common Crypto Imposter Scams

You might have received unwanted calls or messages from contacts you don't recognize. While many calls and messages come from telemarketers, others may come from scam callers trying to steal from unsuspecting victims. Imposter scams are becoming more commonplace, targeting everyday people, traditional investors, and cryptocurrency users.

Imposter scam attempts usually follow a similar format: someone contacts you pretending to be someone they're not. In some cases, these scammers may pretend to be tax officials, government workers, and even family members.

Common Cryptocurrency Scams and How to Avoid Them

1. Text Message and WhatsApp Scam

2. Verification Code Scams

3. Corrupt URL (Phishing) Scams

4. The Account Blocking Scam

5. The QR Code Scam