What is a crypto investment scam
A crypto investment scam is a fraud where criminals promise high or guaranteed returns through fake trading platforms.
How it works
- ad or social media contact
- fake platform
- initial small profit
- request more money
- withdrawal blocked
Warning signs
- guaranteed returns
- pressure to invest
- fake brokers
- difficulty withdrawing
What to do
- stop investing
- do not send more money
- collect evidence
- report fraud
Can you recover crypto?
Recovery is difficult but not impossible in some cases.
Prevention
- verify platforms
- avoid promises of profit