There’s no doubt that the world of cryptocurrency is growing remarkably fast. And it’s no surprise that scamsters will lock unto this endless opportunity like a heat-seeking missile. Even one of the most widely known cryptocurrencies, Bitcoin, is no exception to this threat.
Just recently, the social media and digital security monitoring company ZeroFOX reported about the dark side of digital currency. According to the report, a new type of financial scam involving bitcoin is rapidly spreading across social networks.
However, with the cryptocurrency market growing very rapidly, have it in mind that scamsters are becoming more sophisticated than Ponzi schemes. And before you invest in any of them, try to explore the following unconventional red flags that indicate a cryptocurrency is a scam…
Read Full: 6 warning signs you’re about to be crypto-scammed
