When you hear about a crypto scam alert, a warning about fraudulent schemes designed to steal cryptocurrency from unsuspecting users. Also known as crypto fraud, it’s not just a rumor—it’s happening every day to people who trust the wrong platform or click the wrong link. You’re not alone if you’ve seen a post saying "Get free XMS tokens" or "Join Piyasa Crypto Exchange now"—but those are traps. Real airdrops don’t ask for your private key. Legit exchanges don’t vanish overnight with no reviews or audits.
Scammers love to copy real projects. fake crypto exchange, a website pretending to be a real trading platform but with no regulation, no reserves, and no users. Also known as unregulated crypto platform, it often uses names that sound official—like Piyasa (Turkish for "market") or Coinopts—to trick you into depositing funds. Once you send crypto, it’s gone. The same goes for crypto airdrop scam, a fake free token distribution that requires you to pay a fee, connect your wallet, or share personal info. Also known as crypto fraud, these often use names like HAI, DSG, or DeHero to sound legit—but they’re just stealing your gas fees or wallet access. The Hacken token crash wasn’t a market dip—it was a hack followed by scammers launching fake airdrops to clean out wallets. The MakiSwap and AfroDex exchanges? Dead. No trading. No team. Just a website with a token nobody owns.
Here’s what you need to remember: If it sounds too easy, it’s a scam. No deposit? No risk? Free tokens just for clicking? That’s how they get you. Real airdrops like The Graph’s Learn & Earn on CoinMarketCap require you to watch a video and answer questions—not send crypto. Legit exchanges like Kraken, Binance, or OKX have public audits, user reviews, and clear contact info. If you can’t find a single independent review or the website looks like it was made in 2018, walk away.
And don’t forget the hidden scams: mining in Iran sounds legal, but power cuts and state favoritism make it a gamble. Underground trading in China? Billions flow, but you’re on your own if the police show up. Even "safe" DeFi platforms like RAI Finance or DODO (BSC) carry risks—low liquidity, collapsing tokens, or smart contract bugs. Knowing how to read the signs matters more than chasing the next 10x.
You’ll find real cases here—like how Coinopts has zero records, how SpaceY 2025’s SPAY airdrop was real but limited, and why the HAI token airdrop never existed. These aren’t theories. These are documented failures. By the end of this collection, you won’t just know what a scam looks like—you’ll know how to avoid it before you lose a single dollar.
$RICH is not a real cryptocurrency. No credible sources list it, no exchanges trade it, and there's no team or whitepaper behind it. It's likely a scam or meme coin designed to trap unsuspecting investors.
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