Cryptocurrency Scams

Introduction

Cryptocurrency themed scams are extremely common on the internet.
You should not be at all surprised if a:

is the victim of a cryptocurrency scam.
If you look up the registration date for a cryptocurrency themed scam website, you may see that the website was created recently.
If you do not remember how to look up website registration dates, please see my web page below:

Website hosts and website address registrars vary greatly in their tolerance for scammers.

Hallmarks

Even if a scam cryptocurrency website was not recently registered, cryptocurrency scams often have the following hallmarks:

Unrealistic claims are among the most universal hallmarks of cryptocurrency scams.
Scroll down to read more about unrealistic claims.
Click on the links below to read my web pages about other hallmarks.

Unrealistic claims are among the most universal hallmarks of cryptocurrency scams.
Scroll down to read more about unrealistic claims.
Click on the links above to read my web pages about other hallmarks.

Unrealistic Claims

The Wikipedia page on Bernie Madoff references Madoff promising returns of 18% to 20% per year.
Cryptocurrency scammers purport to be able to do even better.
As in Madoff's case, the promised returns are complete nonsense.
Unlike Madoff's case, there is a substantial chance that a cryptocurrency scammer lives outside the United States.

Gambling

If you have some absolutely irresistible need to gamble, consider your state's lottery.
You will still likely lose all or most of your money, but at least some amount of your losses may go into local services.
My point is not that putting money into a lottery is a good idea.
It is merely a less bad idea than contributing your money to a cryptocurrency scam.