Crypto Scam: If you invest in crypto then be alert, one mistake will empty your bank account

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Crypto Scam: If you invest in crypto then be alert, one mistake will empty your bank account
Crypto Scam: If you invest in crypto then be alert, one mistake will empty your bank account

You must Know about Crypto Scam

Do not click any link in a hurry. Test it out because greed is a bad force in the crypto world. Your wallet details are very important in the world of web. Do not share even by forgetting its details.

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know about Crypto Scam: In the world of crypto, if you go to find those who drowned money, then you will hear countless stories. People’s money was drowned in real crypto assets, but many people also lost a lot of money in fake crypto. Some people drowned their hard earned money by buying virtual land in fake exchanges and some in fake Metaverse in the hope of better profits. Cryptocurrency and virtual assets are not regulated in India. Investment is very risky. There is no hearing if money is lost. But people get caught in the greed of profit. By reading the cases of earning of a few people on the Internet. No knowledge, no regulation. So it becomes easy for the fraudster to fool. With the lure of buy-on-dip after a market crash and high returns in the future, fraudsters send people a link to a crypto exchange that is similar to the original or suggests investing in such cryptocurrencies. is fake. Frauds are countless in this unregulated world.

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1000 crores lost in fake crypto exchange

According to the report of security firm CloudSEK, recently people in India lost 1000 crores of rupees in these fake crypto exchanges. For this, the thugs set up fake websites and social media accounts of many exchanges including a UK-based Crypto Exchange named Coinegg and got money from investors. Some time ago 900 people invested 1200 crores in fake cryptocurrency named Morris Coin in Kerala and all drowned.

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This is how investors are made victim

Interestingly, the swindlers also contact investors when the robbed investor posts a complaint in a forum online. After seeing that post, the thug becomes a crypto security officer and contacts the investors with the confidence of getting the money back. He cheats again by taking bank and personal details.

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In this way you can avoid fake things

Blockchain expert Mohit Goel’s advice is not to click any links in a hurry. Test it out because greed is a bad force in the crypto world.

Tech expert Tushar Gandotra’s advice is that your wallet details are very important in the web world. Do not share its details even by forgetting it like OTP.

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Do not lose money in the pursuit of return in virtual land

The story does not end here. Apart from crypto, people have also dumped their hard earned money by linking wallets to fake Metaverse in the pursuit of good returns in the virtual land of Metaverse. According to Metaverse expert Rajat Ojha, buying land in Meta is just like buying land on the moon. If you don’t understand then don’t invest in hasty affair. Understand this virtual world and then take the right decision.

Crypto is unregulated in India. There is no hearing of the lost money and it is not even known when the crypto world collapses overnight. Just like people lost millions in Terra Luna

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