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What is Scam?

A scam is a fraudulent scheme designed to take money or goods from a person or company through deception. Crypto scams are scams that involve the use of cryptocurrencies or digital assets. They can range from the classic Ponzi scheme, to fake ICOs, to fake wallets, and more. Crypto scams often take advantage of the lack of regulation and ease of use of cryptocurrencies to lure unsuspecting victims.

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