It is very true that crypto market is not immune to scams and risks. Overtime we have witnessed many scams including major collapse of LUNA and FTX where investors lost their life time savings. In my opinion investors should avoid putting even a single penny in them. These flagged coins include OnecCoin, BitConnect, LUNA and Plex coin.

It is important to be cautious and vigilant while investing in cryptocurrencies to avoid potential losses.