Crypto Scams: How to Spot and Avoid Common Crypto Fraud
When you hear crypto scams, fraudulent schemes designed to steal cryptocurrency from unsuspecting users. Also known as crypto fraud, they’re not just rare mistakes—they’re organized, evolving, and targeting people every single day. Whether it’s a fake airdrop promising free tokens or a fake exchange that vanishes overnight, these scams don’t need fancy tech to work. They just need your trust.
One of the most dangerous types is the crypto exchange scam, a platform that looks real but has no licenses, fake trading volumes, and no way to withdraw your funds. Zedxion and Thodex aren’t just names—they’re cautionary tales. Thodex disappeared with $2 billion in 2021. Zedxion’s volume claims don’t add up. Both promised security but delivered theft. Then there’s the airdrop scam, a fake giveaway that tricks you into connecting your wallet and signing a malicious transaction. The KALA 3rd round airdrop isn’t live—but scammers are already pretending it is. They’ll ask you to approve a transaction that drains your wallet. No tokens. Just empty funds.
And don’t forget the crypto exit scam, when a project team raises money, then disappears with no product, no code, and no explanation. Flash Technologies (FLASH) promised fiat-to-crypto transfers but never launched. SPURDO has two versions on two chains, both with zero real utility. CHILI and Wolf Skull? High-risk meme coins with no team, no roadmap, and no reason to exist beyond hype. These aren’t bad investments—they’re traps dressed as opportunities.
You’ll find real stories here: how Thodex collapsed, why Zedxion is a red flag, what makes a fake airdrop convincing, and how to check if a token is legit before you send a dime. We don’t guess. We show you the evidence—the missing licenses, the inflated numbers, the empty wallets. You’ll learn how to spot the signs before you click, connect, or confirm. This isn’t theory. It’s what’s happening right now. And if you’re trading, investing, or just holding crypto, you need to know how to protect yourself.
Cryptocurrency phishing scams trick users into giving up private keys or sending crypto to fake sites. Learn how they work, the most common types, and how to protect yourself from losing everything.