That's the other reason along with the market downfall that why people are now much afraid of using cryptos, these type of scams are badly affecting the image of bitcoin and cryptos in sight of new comers/beginners although it has nothing to do with bitcoin or cryptos.


Indeed education is the only solution to get them aware of cryptos for better understanding, but in this environment where all the government authorities and banks are against cryptos it will be bit difficult to convey the reality of cryptos to the general public.