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The Alpha Crip X Scheme, it's CrypX
Manage episode 450018844 series 3400106
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Welcome to the inaugural episode of "Lawyers on the Block," where hosts Roman Kubiak and Kieran Forsyth dive into the complex world of crypto fraud. In this episode, they explore the alarming rise of cryptocurrency fraud, with losses in the UK surpassing £300 million in 2023.
Join Roman and Kieran as they dissect the most prevalent scams plaguing the digital asset landscape today. From phishing schemes and impersonation tactics to Ponzi schemes and the notorious "rug pulls," they uncover the tactics used by scammers to exploit unsuspecting investors. Discover how social engineering and fake exchange websites pose significant threats, and learn about the impact of high-profile cases like the FTX crash.
The episode also highlights the role of celebrity endorsements in giveaway scams and delves into the world of fake NFTs and initial coin offerings (ICOs). With eye-opening statistics and real-world examples, Roman and Kieran provide listeners with essential insights to safeguard their crypto investments.
Whether you're a seasoned investor or new to the crypto scene, this episode offers valuable information on how to navigate the evolving threat landscape of crypto fraud. Tune in to "Lawyers on the Block" for expert analysis and practical advice on protecting your digital assets.
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