They want your money by all means possible

[Muslimin mj]

We are now in a era where scam devs don't care about anonymity anymore,  now they aren't willing to hide their faces, they will come out in the open, throw you some videos on YouTube and still run away with your money, if you are a newbie you need to have the following in mind when researching projects.

1. Visible team members don't mean they are scam free.
2. A audited smart contract project can still scam you.
3. Scammers can spend a lot on their website to make it look attractive just to make you invest your money.
4. High volume on the listed exchange doesn't make a project clean from going scam.

in this case not only for beginners but for all cryptocurency users should know this because scammers will not target beginners or legends but all crypto users. so in my opinion before making an investment it is certain that we do research on the altcoin we want to invest or DYOR. because without doing research will be high risk for yourself.

[Oasisman]

We are now in a era where scam devs don't care about anonymity anymore,  now they aren't willing to hide their faces, they will come out in the open, throw you some videos on YouTube and still run away with your money, if you are a newbie you need to have the following in mind when researching projects.

1. Visible team members don't mean they are scam free.
2. A audited smart contract project can still scam you.
3. Scammers can spend a lot on their website to make it look attractive just to make you invest your money.
4. High volume on the listed exchange doesn't make a project clean from going scam.

Ok, good observations. Now you had to have one good example of a scam project that you have on your description that scammed many people.
Ever wonder why scammers aren't afraid of flaunting their faces just to make their project less suspected? That's because, once they gather a huge amount of money, they can defend themselves by the complainant using the dirty money they stole from the people. Authorities can be bribed anytime anyhow.
However, majority of the scams only happens with the new projects that keeps poppin in crypto market today.

[JustEducated]

We are now in a era where scam devs don't care about anonymity anymore,  now they aren't willing to hide their faces, they will come out in the open, throw you some videos on YouTube and still run away with your money, if you are a newbie you need to have the following in mind when researching projects.

1. Visible team members don't mean they are scam free.
2. A audited smart contract project can still scam you.
3. Scammers can spend a lot on their website to make it look attractive just to make you invest your money.
4. High volume on the listed exchange doesn't make a project clean from going scam.

It very difficult choosing what project to invest in due to the fact that most of them just wants to scam investors.
Only few of them are actually legit.
But Bitcoin is still topping all so that's a great choice for me.

[Silberman]

in this case not only for beginners but for all cryptocurency users should know this because scammers will not target beginners or legends but all crypto users. so in my opinion before making an investment it is certain that we do research on the altcoin we want to invest or DYOR. because without doing research will be high risk for yourself.

The scammers don't care whether they are newbies or old people in the cryptocurrency space. What they think is how the victims can be ensnared in their modus operandi. We cannot eliminate things like this because it is easy for scammers to enter. Moreover, they are smarter than us, they package the best possible projects they will create to attract interest in their projects.

It is because of this that for the majority of the people interested in this market the best move is to not play, people are always thinking about all the ways in which they will make a fortune in this market but the chances they do so are so small and the chances they get scammed along the way are so high that sometimes I wonder why those people simply do not buy bitcoin, hold it and call it a day, as even if this is a very simple strategy we know it can be very effective given enough time.

[VanillaH]

They aren't many legit projects for sure. Honestly, I see BTC as the only legit project where the author's motives were "pure".

[tygeade]

in this case not only for beginners but for all cryptocurency users should know this because scammers will not target beginners or legends but all crypto users. so in my opinion before making an investment it is certain that we do research on the altcoin we want to invest or DYOR. because without doing research will be high risk for yourself.

The scammers don't care whether they are newbies or old people in the cryptocurrency space. What they think is how the victims can be ensnared in their modus operandi. We cannot eliminate things like this because it is easy for scammers to enter. Moreover, they are smarter than us, they package the best possible projects they will create to attract interest in their projects.

I have to say it's not going to be that impossible to save ourselves from them, unless we look for risky stuff. I mean isn't it obvious that we are looking for a thing where people are capable of scamming us, if we do not do anything that yields that risk that we can't be scammed and that's what we should be aiming at. I personally never got scammed before, and I believe I can keep on doing that, why and how?

Well, simply because I never put myself in a position where I could be scammed. This is not that hard, you go ahead and buy some bitcoins and ethereum and store that in your wallet and that's all you do, is there a way people could scam you in between this? No.

[AzamNurWahid]

Yes, it's really hard to get away from a scam project. And everything you wrote is true.  In the past, we were deceived when investing in new projects that were never listed on the exchange. But now we are actually deceived by projects that have been registered, but suddenly the developers run away and various other reasons

[Cryptomiles1]

One thing about Scammers is they are not afraid of anyone anymore since they knew you can't flee from your country to their country and they mostly scam those that are not from same country with them so you must be very careful with some kind of devs out there that wants to partner with you or even wanting you to invest in their projects as a new beginner who is venturing into crypto, all possible best researched is mostly needed.

[nakamura12]

even audited projects can still be scams. Sometimes some people who already have experience can still meet scammers and then lose their money they always have a way to take our money. I usually rarely spend money on crypto unless it's a top rated project.

That's very common and yet it won't be called scams to them since they hide behind their rules and regulations saying that you broken one of their rules so they have the authority to claim your funds that you deposited in their platform. This schemes are known from casino owners or gambling site owners. That's why there aren't lots of gambling sites that are reputable and trusted known in this forum compared to all gambling sites that promoted their project here.

[Silberman]

One thing about Scammers is they are not afraid of anyone anymore since they knew you can't flee from your country to their country and they mostly scam those that are not from same country with them so you must be very careful with some kind of devs out there that wants to partner with you or even wanting you to invest in their projects as a new beginner who is venturing into crypto, all possible best researched is mostly needed.

Scammers are taking advantage of this, because even if they scammed people for millions of dollars, that amount comes from thousands of clients in many different countries, so the chances there are enough people in a single country which lose enough money to force an investigation are very low, and then when we consider they had the idea of scamming their customers from the beginning then they become very difficult to find due to all the precautions they took, so they know they can get away with it as only when the scam is huge the police will involve itself in this.

[Questat]

even audited projects can still be scams. Sometimes some people who already have experience can still meet scammers and then lose their money they always have a way to take our money. I usually rarely spend money on crypto unless it's a top rated project.

That's very common and yet it won't be called scams to them since they hide behind their rules and regulations saying that you broken one of their rules so they have the authority to claim your funds that you deposited in their platform. This schemes are known from casino owners or gambling site owners. That's why there aren't lots of gambling sites that are reputable and trusted known in this forum compared to all gambling sites that promoted their project here.

They put that acceptable excuses and innocent people lose their money too easily. Even in exchanges, many unclaimed or withdrawn funds are due to some mistakes that freeze their account and take over it. This is the reason why we should spend some time reading their rules just also to be aware and not remain ignorant of their platform. Because in case that we never understand their rules, then we also have a reason to raise complain or even leave, this is the only way we got safe from them and scam sites.

[Rengga Jati]

They put that acceptable excuses and innocent people lose their money too easily. Even in exchanges, many unclaimed or withdrawn funds are due to some mistakes that freeze their account and take over it. This is the reason why we should spend some time reading their rules just also to be aware and not remain ignorant of their platform. Because in case that we never understand their rules, then we also have a reason to raise complain or even leave, this is the only way we got safe from them and scam sites.

Newbies are always targeted everywhere, they take advantage of their ignorance with various things that they are likely to like. Especially if not money and instant success. They take advantage of all this by enticing them to follow the various steps that have been prepared by the scammers as if the newbies are helped by the presence of the scammers until they finally realize that their money has been lost. This happens often.

And it's absolutely true what you say, everything must require knowledge. Knowledge is obtained from the learning process. Therefore, newbies really need to take the time to read and learn. Everything needs a process and not an instant process.

As was the case with these exchanges, it is true that there have been incidents where they have lost their money in certain exchanges because they did not read the T&Cs first, and did not want to understand them. And even when the exchange provides a way to solve problems, sometimes they don't want to do it because it is considered too complicated.

[Silberman]

That's very common and yet it won't be called scams to them since they hide behind their rules and regulations saying that you broken one of their rules so they have the authority to claim your funds that you deposited in their platform. This schemes are known from casino owners or gambling site owners. That's why there aren't lots of gambling sites that are reputable and trusted known in this forum compared to all gambling sites that promoted their project here.

They put that acceptable excuses and innocent people lose their money too easily. Even in exchanges, many unclaimed or withdrawn funds are due to some mistakes that freeze their account and take over it. This is the reason why we should spend some time reading their rules just also to be aware and not remain ignorant of their platform. Because in case that we never understand their rules, then we also have a reason to raise complain or even leave, this is the only way we got safe from them and scam sites.

This is something that people rarely do, in a way I can understand that people do not want to read the TOS of every single website they visit as it will take you forever to do anything that way, but when it comes to a website in which we deposit our money I think an effort should be made to read their TOS, as it is very common on the forum that we see people complaining about a casino being a scam and then we find out they were the ones violating a condition on the TOS and the casino was justified on denying their winnings or closing their account.

[uneng]

One thing about Scammers is they are not afraid of anyone anymore since they knew you can't flee from your country to their country and they mostly scam those that are not from same country with them so you must be very careful with some kind of devs out there that wants to partner with you or even wanting you to invest in their projects as a new beginner who is venturing into crypto, all possible best researched is mostly needed.

Scammers are taking advantage of this, because even if they scammed people for millions of dollars, that amount comes from thousands of clients in many different countries, so the chances there are enough people in a single country which lose enough money to force an investigation are very low, and then when we consider they had the idea of scamming their customers from the beginning then they become very difficult to find due to all the precautions they took, so they know they can get away with it as only when the scam is huge the police will involve itself in this.

I just hope authorities reach these scammers and punish them confiscating all their patrimony to pay the debt they have with investors, so the scammers we know right now will have their punishments as example for future potential scammers who might be thinking doing the same schemes anytime soon.

The problem is when there isn't punishment, because it encourages another criminals to act, since they remain free from any responsabilities after pulling the rug, like we are seeing these days.

[virasog]

We are now in a era where scam devs don't care about anonymity anymore,  now they aren't willing to hide their faces, they will come out in the open, throw you some videos on YouTube and still run away with your money, if you are a newbie you need to have the following in mind when researching projects.

1. Visible team members don't mean they are scam free.
2. A audited smart contract project can still scam you.
3. Scammers can spend a lot on their website to make it look attractive just to make you invest your money.
4. High volume on the listed exchange doesn't make a project clean from going scam.

This is more true when it comes to crypto projects. The crypto project owners are earning and collecting a lot of money in the name of crowd funding whether it be ICO or IEO or whatever form.

Even the most trusted projects can scam and the general public will never know about it and they will still think that the project managers are innocent and have no inner hand to engage in a scam. A recent example is the LUNA crisis which was a scam but very few people will realize it.

[capedbaldy]

The problem is when there isn't punishment, because it encourages another criminals to act, since they remain free from any responsabilities after pulling the rug, like we are seeing these days.

Because the scammer team is difficult to track and find the actual location, besides that it will be difficult to report to the authorities that we have been cheated on scam coin investments, so we must be careful and not careless in investing because 70% of the coin list is a potential scam and worst scam. So avoid investing in new coins and don't ignore the top coins BTC, ETH and BNB even though it is currently experiencing a bear market and will achieve a high price recovery in the next few months.

[Pelana vreo]

1. Visible team members don't mean they are scam free.
2. A audited smart contract project can still scam you.
3. Scammers can spend a lot on their website to make it look attractive just to make you invest your money.
4. High volume on the listed exchange doesn't make a project clean from going scam.

I've read some information about the biggest scams of 2022 https://sea.mashable.com/tech/20575/5-of-the-biggest-crypto-scams-of-2022-so-far

There are many ways for scammers to do that, rugpull and many other things on the grounds that the platform they are developing has been hacked, this can make many losses for investors who invest a lot of money into the project.

[uneng]

The problem is when there isn't punishment, because it encourages another criminals to act, since they remain free from any responsabilities after pulling the rug, like we are seeing these days.

Because the scammer team is difficult to track and find the actual location, besides that it will be difficult to report to the authorities that we have been cheated on scam coin investments, so we must be careful and not careless in investing because 70% of the coin list is a potential scam and worst scam. So avoid investing in new coins and don't ignore the top coins BTC, ETH and BNB even though it is currently experiencing a bear market and will achieve a high price recovery in the next few months.

I believe there are cases and cases. When the team is anonymous it can be harder to track them, but not impossible. And when the team's IDs are public and registered there are no excuses for authorities to not go after them. Look how many criminals have been running from the justice in our history, some for decades, and they still got caught by the police in the end. It shouldn't be different with crypto scammers. But to begin, authorities must be willing to do this, otherwise, nothing will happen...

Two main examples of well known crypto scammers who should already be arrested and had their patrimony seized: Do Kwon from Luna and Mashinsky from Celsius.

The longer the justice takes to act, more prejudiced investors become.

[Silberman]

One thing about Scammers is they are not afraid of anyone anymore since they knew you can't flee from your country to their country and they mostly scam those that are not from same country with them so you must be very careful with some kind of devs out there that wants to partner with you or even wanting you to invest in their projects as a new beginner who is venturing into crypto, all possible best researched is mostly needed.

Scammers are taking advantage of this, because even if they scammed people for millions of dollars, that amount comes from thousands of clients in many different countries, so the chances there are enough people in a single country which lose enough money to force an investigation are very low, and then when we consider they had the idea of scamming their customers from the beginning then they become very difficult to find due to all the precautions they took, so they know they can get away with it as only when the scam is huge the police will involve itself in this.

I just hope authorities reach these scammers and punish them confiscating all their patrimony to pay the debt they have with investors, so the scammers we know right now will have their punishments as example for future potential scammers who might be thinking doing the same schemes anytime soon.

The problem is when there isn't punishment, because it encourages another criminals to act, since they remain free from any responsabilities after pulling the rug, like we are seeing these days.

This is something that is very common and also happens with fiat currencies, for example it is not rare for rich people to get scammed from time to time a few thousands of dollars, but many times those people refuse to go to the police because this will attract bad publicity to them and it will make them look silly if it is known they lost money that way, so as we can see scammers take advantage of every single thing they can to get away with their crimes, which is why even if we know they are everywhere in this market very few of them have to face their crimes in a court of law.

[goinmerry]

We are now in a era where scam devs don't care about anonymity anymore,  now they aren't willing to hide their faces, they will come out in the open, throw you some videos on YouTube and still run away with your money, if you are a newbie you need to have the following in mind when researching projects.

1. Visible team members don't mean they are scam free.
2. A audited smart contract project can still scam you.
3. Scammers can spend a lot on their website to make it look attractive just to make you invest your money.
4. High volume on the listed exchange doesn't make a project clean from going scam.

That scam part in crypto won't end up that's why the community should do the adjustment.

There's always an attempt of stealing money from these scam projects because, in the first place, that's their purpose of setting up a project.

The most important advice for newbies might be, don't get driven by the hype. Because of that hype, newbies are disregarding the associated risks of investing their money and trusting only those shill words.