Risking my life to unveil the "Eight Major Blood and Tears Pitfalls in the Crypto World"!! The nightmare of new suckers.

🚀1. Wild Chicken Exchange "Pig Butchering Scheme"
Scam tactic: Impersonating crypto world experts/U merchants, luring you to a shady exchange, initially enticing you with small profits to lower your guard and continue depositing.

The truth: the platform will artificially manipulate data to trigger liquidation, restrict withdrawals, and even directly RUG, leaving suckers with nothing.

Common phrases: This platform doesn't have needle pricks, there are slight differences in points between different platforms, come to my platform and I'll guide you.

🚀2. Contract Trading Trap
Scam tactics: "experts" and "teachers" use large profit images as bait to entice suckers to play heavily leveraged contracts (100X/200X).

Truth: The fees can't be recovered, and liquidation can happen within minutes. The "teacher" profits from the fees or waits for the suckers to suffer losses after liquidation.

Common phrases: We are playing short-term, quick in and out~~

Result: When you enter with high leverage and a large position, can you get out?

🚀3. Fake APP/wallet authorization stealing coins
Scam tactics: Scammers disguise themselves as "arbitrage trading", "airdrop benefits", etc., luring suckers to download the APP/connect wallets and authorize DApps.

The truth: they give you fake APP download links/phishing links to steal your coins.
Common phrases: I have been playing for many years, I will teach you how to play.

🚀4. Pixiu disk/Air coin trap
Scam method: issue counterfeit coins with the same name as well-known currencies but different chains (such as counterfeit TRUMP), or fabricate the myth of "100 times coins" and "1000 times coins" to get rich to attract leeks to take over.

Truth: Only in but not out.
Common phrases: There is insider information / I've studied for a long time.

🚀5. Fake Customer Service/Phishing Attacks
Scam technique: Impersonating customer service of an exchange or project team, contacting suckers through private messages, emails, etc., and sending phishing links or QR codes.
Truth: Stealing mnemonic phrases, private keys, etc. from the clipboard/albums.

🚀6. Primary Market Private Placement Slaughtering Pigs
Scam tactics: Especially targeting new suckers in the crypto world or those using scientific internet access, the deceitful language:
Common phrases: "internal private placement quota", "pre-sale opportunity", "must increase tenfold after listing", "no more chances if missed", etc.

The truth: the project itself is worthless and even non-existent. After the private placement ended, the project team directly dumped the tokens and ran away, leaving you in chaos in the wind~

🚀7. Black U/Low Price U Scam
Scam tactics: Claiming to sell "black U", "cheap U", or providing "arbitrage opportunities" with prices far below market value, which are extremely tempting!

Truth: First give small "sweeteners" to induce larger investments, or directly collect funds and then black out and run away. The source of "black U" is unclear and may involve illegal funds; accounts may be frozen after purchase.

🚀8. Ponzi scheme/pass the parcel
Scam tactics: high rebate temptations, recruiting others, developing downline models, fake institutions or celebrity endorsements, artificially creating false locking amounts and trading volumes.

The truth: Using the funds of later investors to pay earlier investors is a typical Ponzi scheme model, and it's only a matter of time before it collapses.