What are the effects of cryptocurrency scams on investors?
Cryptocurrency scams can lead to significant financial losses for investors, eroding trust in the market.
Can you give me examples of common types of cryptocurrency scams?
Sure! Common scams include Ponzi schemes, phishing attacks, and fake initial coin offerings (ICOs).
How can investors protect themselves from these scams?
Investors can protect themselves by conducting thorough research, using secure wallets, and being cautious of unsolicited offers.
What should I do if I think I've been scammed?
If you suspect a scam, report it to authorities, contact your bank, and consider seeking legal advice.
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