What are some common cryptocurrency scams I should be aware of?
An example of an AI chatbot conversation about common cryptocurrency scams.
What are some common cryptocurrency scams I should be aware of?
Common cryptocurrency scams include Ponzi schemes, phishing attacks, fake ICOs, and pump-and-dump schemes.
How can I identify a fake ICO?
Look for red flags like unrealistic promises, lack of transparency, and a poorly designed website.
What should I do if I think I've been scammed?
Report the scam to your local authorities and consider contacting your bank or credit card company.
Are there any resources to learn more about cryptocurrency safety?
Yes, websites like the Federal Trade Commission (FTC) and the Better Business Bureau (BBB) offer valuable information.
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