When you hear about a crypto scam alert, a warning about fraudulent crypto projects designed to steal money or personal data. Also known as crypto fraud, it’s not just hype—it’s happening right now to people who trust too easily. Whether it’s a free token offer, a new exchange promising 10x returns, or a project with no team and no code, these scams are built to look real. And they’re getting smarter.
Most fake airdrops, promised free tokens that never arrive and often steal your wallet keys. Also known as token distribution scams, they lure you with promises of wealth, then vanish. Look at LACE, CHIHUA, or SHIBSC—none of these tokens have trading volume, exchange listings, or real communities. They’re ghost projects with fake websites and fake Twitter accounts. Then there are the crypto exchange scams, platforms that look legitimate but freeze withdrawals, hide fees, or fake trading numbers. Also known as rug pull exchanges, they’re often based in unregulated regions with anonymous owners. Bitocto, TNNS PROX, and Naijacrypto all fit this pattern: no audits, no user reviews, no transparency. And when you try to cash out? Silence.
Even projects that sound technical can be traps. Commune AI, Syntor AI, AI⁴—they use buzzwords like "decentralized AI" or "recursive superintelligence" to sound cutting-edge. But if there’s no working product, no team name, and no real roadmap, it’s theater. The same goes for tokens like CHADCAT or AINU—massive supply, zero utility, and gas fees that eat your profits. These aren’t investments. They’re lottery tickets with odds stacked against you.
Real crypto doesn’t need hype. It has public audits, verifiable teams, and trading volume you can check on CoinGecko or DEX Screener. If a project avoids those basics, walk away. The crypto scam alert isn’t just a warning—it’s your first line of defense. What you’ll find below are real cases of scams that fooled people, broken down so you never get caught the same way.
NUT MONEY is not a legitimate crypto exchange-it's a scam. No licenses, no security, no withdrawals. Learn the red flags and how to protect your crypto from this high-risk fraud.