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'Fake Bitcoin' - How this Woman Scammed the World, then VanishedA cryptocurrency scam is a fraudulent scheme that's designed to deceive you (an individual investor or an organization) into parting with your digital assets. Crypto scams often aim to gain private information, such as security codes, or to trick a person into sending cryptocurrency to a digital wallet. Investors and traders need to beware of these 10 common crypto scams that range from rug pulls and giveaways to Ponzi schemes and phishing.