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How to spot and avoid crypto scams
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livemint.comWith a high demand for cryptocurrencies and an evolving space, there has been an increase in related scams. It is important, therefore, for investors to save themselves from fraudulent crypto exchanges and tokens.
Every investor or non-investor is a target for fraudsters who are looking to make some easy profits by exploiting individuals who would do anything to get rich instantly.
Cryptocurrency price swings have been wild in the recent past with Squid Game-based coin SQUID, Kokoswap, Ethereum meta surging up thousands of percentage points in just hours. Many tokens have seen massive fall as well leaving investors trapped.
Shashi Prakash Jha, head of legal and compliance at WazirX, said, “Crypto has gone mainstream, and while we are
Read more on livemint.comAbout this in other media
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