Crypto — Scam and Fraud

Spot a crypto scam in about thirty seconds

Two or three hard tells are usually enough — guaranteed yield, unlock fees and a manager who hates questions.

A bot anyone can spin up in an afternoon does not become a futures venue because the copy says “order book”.

Liquidation is the exchange closing your leveraged trade when margin cannot cover the loss.

Liquidation heatmaps are public data tools — not a signal seller’s private edge.

Unrealistic yields, fake crowds and “Amazon partners” are still the same funnel — just with better graphics.

The open protocol at walletconnect.network does not need your seed phrase; phishing clones often ask for it.

Anonymous swap sites that invent “compliance” only after they hold your coins are not compliance desks.

A UK company filing is not an FCA licence — and a manager who needs your Binance API keys is not support.

Handles like BinanceSupport_OffBot do not ship official trading robots — they ship deposit addresses.

Related chains can share account-name formats — uniqueness is per network, not across the whole of crypto.

Free tokens that need an unlimited approve are not free — they are a permission slip for someone else.

On 15 September 2022 Ethereum switched from mining to staking — a real upgrade that scammers still wrap in fake “claim” links.