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A crypto scam is a fraudulent scheme involving cryptocurrencies. Scammers trick people into investing in non-existent cryptocurrencies. These scams often promise high returns and quick profits. The scam usually starts with an unsolicited contact. An email, social media message, or phone call. The person on the other end claims to represent a promising new cryptocurrency. They may use technical jargon or persuasive language to sound legitimate. Victims are enticed to invest money, often asked to pay with actual cryptocurrencies such as Bitcoin. Once the scammer receives the payment, they disappear without a trace. The victims are left with less money and no cryptocurrency. Scammers often operate from remote locations, in different countries. Tracking them down is a difficult task, law enforcement agencies have a hard time bringing them to justice.