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.
scam projects were an issue from the beginning of ICOs, but they were not as much as they are today, it is really absurd, back in 2017 a scam project was a discussion topic for all bitcointalk users, because we weren't that used to it, but now sadly, scam projects are part of the crypto community.