#CryptoScamSurge The crypto scam surge is a growing concern, with scammers employing sophisticated tactics to deceive investors. Some common types of scams include ¹:

- *Rug Pulls*: Scammers abandon projects and abscond with investor funds, as seen in the Squid Game Token incident.

- *Phishing Attacks*: Scammers create fake websites or emails to steal login credentials and private keys.

- *Ponzi & Pyramid Schemes*: Scammers promise high returns, often using complex reward structures and pressuring investors to recruit new participants.

- *Pump & Dump Schemes*: Scammers artificially inflate cryptocurrency prices through coordinated buying and misleading promotions.

To stay safe, verify information through reputable sources and be cautious of unsolicited investment opportunities ².