This type of fraud bases the entire mechanism of action on current trends, events of global scope and images of famous people or authentic companies. Impersonating them, scammers seize access to cryptocurrency wallets and transfer funds straight into their hands.

Fraud based on fake tokens involves taking advantage of the carelessness, carelessness or ignorance of the victim. “Fake tokens” are deceptively similar to their real prototypes, but unlike them - they have no value.

Although these types of scams have not been known since today, scammers still outperform themselves in perfecting their techniques. Taking advantage of the naivety of their victims and promising them large earnings, the scammers commit fraud in white gloves, because only the victim remains on paper.

False support, or so-called “fake support”, is a scam that occurs mainly on social media and on discussion channels on Telegram or Discord. Scammers impersonate other projects to extort sensitive data from the user.

Fake airdrop scams fall into two types: those that pretend to be real projects, and those that from the start are pure scams aimed at taking over the victim's cryptocurrency wallet.

For a long time, Mr. Andrew did not want to believe that he was a victim of fraud. He trusted his investment “partner” and vouched for the “stock market”, which he used to the point that he borrowed wherever he could.