This article is a must-have for every crypto or non-crypto newbie.
Agreed. But actually all these things are so simple that even a child can guess them before investing.
And because its so simple to understand wether its scam or not, so more people proceed even they know that it is scam, since they knew already how it works and how they can profit especially in ponzis.
Some of the scams are happening today because people are lazy to dig information about the companies that are investing their money. with a simple google search or domain lookup, you can uncover a scam. Sometimes even with common sense, you can uncover a scam (e.g bitconnect) or by looking at the project team from identities - usually fake or not available on the project website.