By the end of 2020, along with the strong growth of Bitcoin, some people used the trust of many to scam.
For example:
- Create virtual projects,
- Create virtual tokens,
- Create an investment website for the purpose of calling for investment,
- Create an airdrop that calls for people to deposit fees to pay tokens
- ....
Everyone should be careful when participating in projects like that.
Thank you so much.
Your statement is also a warning to many people to continue to be careful and be aware of fraud in a project. and that happened a lot in 2020, in my opinion since 2021 there are not as many scame and fraudulent projects as you meant. but we also need to be careful about it.
2021 is rarely heard of fraudulent projects, but nowadays many BSC tokens are just shitcoin,
of course that is also a category of fraud, yes small scale fraud, because we have to be smart about choosing the fundamentals of the BSC token project,
remember Safemoon? look at the price of safemoon dropping dramatically, so be careful when choosing a token