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"Crypto scams tend to rise during a bull run - and this run is certainly no exception!
From fake tokens to AI-powered deepfake livestreams, scammers are trying to pull every sneaky trick in the book to separate you from your hard-earned crypto.
In this video, we break down 5 scams targeting crypto users right now, explain exactly how they work, and share the steps you need to take so your funds remain safe.
Don’t let attackers use their clever tricks to drain your wallet - watch this video before you make your next move in crypto."
~ Coin Bureau
This video, hosted by Guy, explains five common crypto scams that are prevalent during bull runs and provides tips on how to avoid them.
The five scams detailed are: copycat tokens, which are fake tokens used to trick people into buying them or to execute an "address poisoning" attack; wallet drainers, which are malicious codes that can take control of and empty your wallet; "shill and rugs," where influencers promote a token before insiders abandon the project; unknown tokens airdropped into a wallet to entice interaction with a malicious site; and social engineering, which uses human manipulation, including AI-generated deepfakes, to get users to reveal information or transfer funds. The video offers specific advice for avoiding each of these scams, such as using official sources for contract addresses, being cautious with links, and not interacting with unknown tokens.
0:00 Intro
0:58 Fake Crypto Scam And How To Tell A Crypto Is Fake
4:55 Wallet Draining Scam And How To Keep Crypto Safe
7:33 How To Tell When Someone Is Shilling A Crypto Rug Pull
9:45 Free Crypto Scam And Unknown Cryptos In Your Wallet
11:48 Crypto Livestream Scam And Crypto Support DM Scams
Source - Coin Bureau YouTube: https://www.youtube.com/watch?v=AaY10gJrbiM
Disclaimer: This video is provided for informational purposes only, and not offered or intended to be used as legal, tax, investment, financial, or any other advice.
