#shorts #cryptocurrency #crypto Rug pull scams involve investment scammers “pumping up” a new project, nonfungible token (NFT), or coin to get funding. Ponzi schemes pay older investors with the proceeds from new ones. To get fresh investors, cryptocurrency scammers will lure new investors with bitcoin. Scammers may lure investors in with promises of a great cryptocurrency exchange — maybe even some additional bitcoin. But in reality, there is no exchange and the investor does not know it’s fake until after they lose their deposit. Scammers will also impersonate recruiters or job seekers to get access to cryptocurrency accounts. With this ploy, they offer an interesting job but require cryptocurrency as payment for job training. Share your opinions about this video in the commen
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