When people talk about the Piyasa scam, a type of crypto fraud that uses fake platforms and misleading promises to steal funds. Also known as crypto exit scams, it’s not just one project—it’s a pattern. These scams thrive when users chase quick gains without checking who’s behind the token or where the money actually goes. You’ve probably seen the ads: "Free tokens!" "Join now before it’s too late!" "Limited airdrop spots!" But behind those headlines are often empty wallets, vanished teams, and tokens that crash to zero the second people start buying.
The fake airdrop, a trick where scammers pretend to give away free crypto but require you to send your own funds first. Also known as rug pull airdrops, this tactic shows up everywhere—from Twitter threads to Telegram groups. Projects like HAI Token and DSG Token didn’t just fail—they were designed to drain users from day one. And it’s not just airdrops. decentralized exchange scams, fake DEXs like MakiSwap and AfroDex that look real but have zero trading volume and no real users. Also known as ghost exchanges, they lure you in with promises of high yields, then vanish with your liquidity. These aren’t glitches. They’re business models built on anonymity and urgency.
What makes the Piyasa scam so dangerous is how it mimics real crypto culture. Legit projects like The Graph and SpaceY 2025 run actual airdrops with clear rules and verified platforms. Scammers copy that look—same logos, same language, same hype. But they skip the audits, the team disclosures, and the community checks. If a token has no trading history, no team names, and no third-party reviews, it’s not a gamble—it’s a trap. And if you’re being asked to send crypto to claim a "free" token, you’re already being scammed.
There’s no magic tool to spot every scam, but there are simple rules: check the token’s contract on Etherscan or BSCScan. Look for zero trading volume. Search the project name + "scam" in Google. If the website looks like a template from 2021, walk away. Real projects don’t hide behind anonymous teams or pressure you to act now. They answer questions. They publish audits. They don’t need to beg you to join.
Below, you’ll find real cases of these scams exposed—how they were built, how they collapsed, and what you can learn from them. No fluff. No hype. Just facts from projects that turned out to be nothing more than digital ghosts.
Piyasa Crypto Exchange is not real. It's a scam using a Turkish word for 'market' to trick users. No regulatory licenses, no proof of reserves, no legitimate reviews. Avoid it and use trusted exchanges like Binance or Kraken instead.
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