The "Trust Wallet hack" was a targeted exploit of a time-limited vulnerability in a specific feature, leading to a limited number of victims, who were later reimbursed. It serves as a critical case study in software supply chain security for the crypto industry.

Before buying any new token, ask: Is the team doxxed & credible? Is liquidity locked? Is there real utility? If it's all hype and anonymity, it's likely a scam. #CryptoScams #RugPull

They launch a massive marketing blitz on social media, Telegram, and YouTube. You'll see bots shilling it, fake "audits," and promises of insane, guaranteed returns. The goal is to create Fear Of Missing Out (FOMO) and drive up the price artificially.

Fraudsters create a fake, professional-looking trading app or website. You find it through a "wrong number" text, a social media ad, or a new "friend" who shares a "can't miss" opportunity. It looks 100% legit.

Before buying any new token, ask: Is the team doxxed & credible? Is liquidity locked? Is there real utility? If it's all hype and anonymity, it's likely a scam. #CryptoScams #RugPull

Early buyers (often the scammers themselves) drive the price up. As regular investors pile in hoping for gains, the scammers sell their massive holdings all at once. This crashes the token's value to zero in minutes.

They launch a massive marketing blitz on social media, Telegram, and YouTube. You'll see bots shilling it, fake "audits," and promises of insane, guaranteed returns. The goal is to create Fear Of Missing Out (FOMO) and drive up the price artificially.

Scammers create a completely fake cryptocurrency token. They give it a slick website as free Airdrops, a flashy whitepaper full of buzzwords (Web3, AI, DeFi 2.0), and often fake celebrity endorsements. It's designed to look like the next big legitimate project.

USDC Treasury just moved significant amounts of its stablecoin! 76M USDC minted, then ~168M USDC burned – a clear rebalancing of reserves. Details are still undisclosed. #USDC #stablecoin #crypto

Fraudulent people invent a compelling story, a new "Eco-Crypto," a celebrity-endorsed token, or the "next big meme coin." They create a slick website, a fake whitepaper, and social media hype to look like a legitimate project.

Fraudsters create a fake, professional-looking trading app or website. You find it through a "wrong number" text, a social media ad, or a new "friend" who shares a "can't miss" opportunity. It looks 100% legit.

If you didn't find the platform through a major, verified app store or official exchange site, assume it's a trap. Never trust investment advice from strangers online. #CryptoScam #Web3Safety

The "Evolved Apes" sentencing is a recent, clear-cut example, while the "Pig Butchering" phenomenon represents the scaled, industrial version of this scam. Always verify the legitimacy of any trading platform through independent sources and be extremely wary of unsolicited investment advice online.

Fraudsters artificially inflate crypto prices with false information, then sell assets for profit, leaving investors with losses. This has become so rampant these days and we all have to pay closer attention