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Crypto scams are fraudulent schemes that involve cryptocurrencies. These scams typically promise high returns on investments with little to no risk involved. Scammers often use flashy websites and technical jargon to appear legitimate. They may also impersonate well-known crypto figures or companies. Often, they require an initial deposit, promising to multiply it within a short period. The reality is, once you transfer your crypto, it's gone. Another tactic is phishing. Scammers send emails that look like they're from reputable crypto exchanges. These emails contain links to fake websites where they trick you into revealing your login credentials. Lastly, there's the "pump and dump" scheme. Here, scammers hype up a worthless coin, causing prices to inflate. Once prices are high, they sell their share, causing the price to plummet and investors to lose money.