8 SNEAKY CRYPTO SCAMS ON TWITTER RIGHT NOW

The world of cryptocurrency can feel like the Wild West, especially on platforms like Twitter. A cybersecurity expert has revealed eight of the most popular crypto scams currently active on Twitter.Fortunes are made and lost in the blink of an eye, and unfortunately, scammers are always lurking in the shadows, ready to pounce on unsuspecting users.With the increasing popularity of crypto and NFTs, these scams are becoming more sophisticated and harder to detect.One wrong click can lead to significant financial losses, making it crucial to stay informed and vigilant.Recently, cybersecurity analyst Serpent, known for his expertise in the crypto space, unveiled eight of the most prevalent and dastardly crypto and NFT scams currently circulating on Twitter.His 19-part thread exposed the sophisticated strategies these scammers employ to separate users from their hard-earned digital assets. In a recent post on X, Ripple reminded followers that a rally in the crypto market often leads to an uptick in scams. The post pointed to research highlighting some of the tactics used by scammers, including the use of doctored and AI-generated videos and fake giveaways on social media. Scammers Impersonate Ripple s Brad GarlinghouseFrom impersonating influencers to creating fake airdrops, their tactics are designed to exploit the inexperience and trust of crypto enthusiasts.This article will delve into these eight sneaky scams, providing you with the knowledge and tools to protect yourself and your investments in the ever-evolving crypto landscape.

1. Here, we explore these scams and offer practical tips to protect your digital assets. Initial coin offering scams. Scams like the Squid Game crypto are an example of initial coin offering (ICO) scams. In many cases, they involve newly minted meaning bogus crypto that taps into trending memes, shows, events, and celebrities.Social Media Impersonation: The Art of Deception

One of the oldest tricks in the book, but still incredibly effective, is social media impersonation.Scammers create fake profiles that closely resemble legitimate accounts, including wallet apps, influencers, and even crypto support teams.They often use similar usernames, profile pictures, and even copy content from the real accounts.

How it works: These impersonators will often engage with users in the comments section of legitimate posts, offering fake giveaways or promotions. 8 sneaky crypto scams on Twitter right now Cybersecurity analyst Serpent has revealed his picks for the most dastardly crypto and nonfungible token (NFT) scams currently active on Twitter. The analyst, who has 253,400 followers on Twitter, is the founder of artificial intelligence and community-powered crypto threat mitigation system, Sentinel.For example, they might say, ""Send us 0.1 ETH, and we'll send you back 1 ETH!"" or promise exclusive access to a new NFT collection.

The danger: Once you send your crypto, it's gone. Cybersecurity analyst Serpent has revealed his picks for the most dastardly crypto and non-fungible token (NFT) scams currently active on 8 sneaky crypto scams on Twitter right nowThere's no giveaway, no NFT, just an empty wallet and a harsh lesson learned. Cybersecurity analyst Serpent has revealed his picks for the most dastardly crypto and nonfungible token (NFT) scams currently active on Twitter.These scams exploit the desire for quick profits and the trust placed in familiar names and faces.

How to protect yourself:

• Always double-check the username: Look for subtle differences in spelling or extra characters.
• Be wary of giveaways that seem too good to be true: If it sounds too good to be true, it probably is.
• Never send crypto to an address you haven't thoroughly verified: Always cross-reference addresses with official sources.
• Report suspicious accounts to Twitter: Help protect others from falling victim to these scams.

2.Copycat Websites and URLs: A Dangerous Game of Domain Names

Scammers are masters of imitation, and they extend their skills beyond social media profiles to websites and URLs.They create nearly identical copies of popular crypto exchanges, wallets, or project websites, hoping to trick users into entering their credentials or making transactions on the fake site.

How it works: They often use domain names that are very similar to the real ones, with minor typos or different extensions (e.g., .net instead of .com).They then promote these fake websites through social media, email, or even search engine advertising.

The danger: If you enter your username and password on a copycat website, the scammers can steal your account credentials and access your funds.If you make a transaction on the fake site, your crypto will be sent directly to the scammers' wallet.

How to protect yourself:

• Always double-check the URL: Before entering any information, carefully inspect the website address in your browser's address bar.
• Look for the padlock icon: Ensure the website has a valid SSL certificate, indicated by the padlock icon next to the URL.
• Bookmark frequently visited websites: Avoid typing the URL manually each time to minimize the risk of typos.
• Use a password manager: A password manager can help you identify fake websites by alerting you if the URL doesn't match the expected domain.

3. Cybersecurity analyst Serpent has revealed his picks for the most dastardly crypto and nonfungible token (NFT) scams currently active on Twitter. The analyst, who has 253,400 followers on Twitter, is the founder of artificial intelligence and community-powered crypto threat mitigation system, Sentinel.Hacked Verified Accounts: The Perils of a Blue Checkmark

A verified blue checkmark on Twitter is supposed to indicate authenticity, but unfortunately, it can also be a weapon in the hands of scammers.Hacked verified accounts are a goldmine for scammers because they instantly lend credibility to their schemes.

How it works: Scammers gain access to verified accounts through various methods, including phishing, malware, or buying compromised accounts on the dark web. 8 sneaky crypto scams on Twitter right now⁣ ontwitter cryptoscams right socialmedia cryptoscamOnce they have control, they can use the account to promote fake giveaways, pump-and-dump schemes, or malicious links.

The danger: Followers of the hacked account are more likely to trust the scammer's posts because they believe they are coming from a legitimate source. Cointelegraph By Felix Ng Cybersecurity analyst Serpent has revealed his picks for the most dastardly crypto and non-fungible token (NFT) scams currently active on Twitter. The analyst, who has 253,400 followers on Twitter, is the founder of artificial intelligence and community-powered crypto threat mitigation system, Sentinel. In a 19-part thread posted on Aug. 21, Serpent [ ]This can lead to significant financial losses for unsuspecting users.

How to protect yourself:

• Be skeptical of any promotion, even if it comes from a verified account: Verify the information independently from a trusted source.
• Look for inconsistencies in the account's posting history: A sudden change in tone or topic could be a sign that the account has been compromised.
• Report suspicious activity to Twitter: Help alert others to the potential compromise of the account.

4. Crypto mixing scams: Some cryptocurrency mixers claim to anonymize transactions, but instead steal funds or get shut down by authorities while holding user money. Cryptocurrency recovery scams: You ll notice lots of replies (usually under social media crypto scam warnings) that advertise so-called crypto recovery experts. They targetFake Projects and Initial Coin Offering (ICO) Scams: The Illusion of Innovation

The allure of getting in on the ground floor of the next big crypto project can be strong, but it's important to remember that not all projects are created equal.Fake projects and ICO scams are designed to capitalize on the hype and excitement surrounding new cryptocurrencies and tokens.

How it works: Scammers create a seemingly legitimate project with a whitepaper, website, and social media presence.They then launch an ICO, promising investors huge returns in the future.However, the project is often a complete fabrication, with no real development or underlying technology.

The danger: Once the ICO is over, the scammers disappear with the investors' money, leaving them with worthless tokens and shattered dreams. Cybersecurity analyst Serpent has revealed his picks for the most dastardly crypto and non-fungible token (NFT) scams currently active on Twitter. The analyst, who has 253,400 followers on Twitter, is the founder of artificial intelligence and community-powered crypto threat mitigation system, Sentinel. In a 19-part thread posted on Aug. 21, Serpent outlined how scammers target [ ]The infamous Squid Game crypto scam is a prime example of this type of fraud.

How to protect yourself:

• Do your research: Thoroughly investigate the project, its team, and its underlying technology.
• Read the whitepaper carefully: Look for red flags, such as vague language, unrealistic promises, or a lack of technical details.
• Check the team's credentials: Verify the experience and expertise of the team members.
• Be wary of projects that are overly hyped: If it seems too good to be true, it probably is.
• Only invest what you can afford to lose: Never invest more than you're willing to risk, as even legitimate projects can fail.

5. cointelegraph.com 22nd August 2025 (New York) Cybersecurity analyst Serpent has revealed his picks for the most dastardly crypto and non-fungible token (NFT) scams currently active on Twitter. The analyst, who has 253,400 followers on Twitter, is the founder of artificial intelligence and community-powered crypto threat mitigation system, Sentinel. In a 19-part thread posted on [ ]Fake Airdrops: The Lure of Free Tokens

Airdrops are a common marketing tactic in the crypto world, where projects distribute free tokens to users in exchange for performing certain actions, such as following them on social media or joining their Telegram group. Cybersecurity analyst Serpent has revealed his picks for the most dastardly crypto and non-fungible token (NFT) scams currently active on Twitter (NYSE: TWTR). The analyst, who has 253,400However, scammers often use fake airdrops as a way to steal your crypto or personal information.

How it works: Scammers create fake airdrop promotions that require you to connect your wallet to their website or send them a small amount of crypto in order to claim the free tokens.They may also ask for your private keys or seed phrase.

The danger: Connecting your wallet to a malicious website can give the scammers access to your funds. A 19-part thread outlines the sophisticated strategies scammers are using to part crypto users from their funds. Cybersecurity analyst Serpent 8 sneaky crypto scams on Twitter right now - XBT.MarketSending them crypto is simply giving them free money. 8 sneaky crypto scams on Twitter right now. View all comments (0) 0. Latest comments. Post. Comment Guidelines. Trade With A Regulated Broker. Indices. Commodities. Bonds. Stocks. US 30 . 41,956.And sharing your private keys or seed phrase is like handing them the keys to your entire crypto kingdom.

How to protect yourself:

• Be skeptical of airdrops that require you to send crypto: Legitimate airdrops typically don't require you to pay anything to participate.
• Never share your private keys or seed phrase: These are the keys to your wallet, and you should never share them with anyone.
• Use a separate wallet for airdrops: This will help protect your main wallet from potential scams.
• Verify the authenticity of the airdrop: Check the project's official website and social media channels to confirm that the airdrop is legitimate.

6. RT @Shirastweet: Beware👉 8 sneaky crypto scams on twitter right nowCrypto Mixing Scams: False Anonymity and Lost Funds

Crypto mixers, also known as tumblers, are services that claim to anonymize cryptocurrency transactions by mixing your coins with other users' coins. 8. Social Media Impersonation. Crypto scammers are all over Twitter, Instagram, and Telegram. They pretend to be real accounts wallet apps, influencers, even crypto support teams. They often offer giveaways: Send us 0.1 ETH and get 1 ETH back! But once you send it, it s gone. And there s no prize coming.However, some of these services are actually scams designed to steal your funds.

How it works: You send your crypto to the mixer, and in return, you receive a different set of coins that are supposedly untraceable. 8 sneaky crypto scams on Twitter right now Aug . 8 sneaky crypto scams on Twitter right now. Crypto News. Aug.However, the mixer may simply steal your funds or be shut down by authorities, leaving you with nothing.

The danger: Using a crypto mixer can put your funds at risk of being stolen or seized.Additionally, it can attract unwanted attention from law enforcement agencies, as mixers are often used for illicit activities.

How to protect yourself:

• Be cautious of using crypto mixers: They are often associated with illegal activities and can be risky.
• Research the mixer thoroughly: If you decide to use a mixer, choose one that is reputable and has a proven track record.
• Don't mix large amounts of crypto: Only mix small amounts that you can afford to lose.

7. Cybersecurity analyst Serpent has revealed his picks for the most dastardly crypto and non-fungible token (NFT) scams currently active on Twitter. The analyst, who has 253,400 followers on Twitter, is the founder of artificial intelligence and community-powered crypto threat mitigation system, Sentinel. In a 19-part thread posted on Aug. 21, Serpent outlined how scammers targetCryptocurrency Recovery Scams: Preying on Vulnerability

After falling victim to a crypto scam, many people desperately seek help to recover their lost funds. BTCUSD Bitcoin 8 sneaky crypto scams on Twitter right now. A 19-part thread outlines the sophisticated strategies scammers are using to part crypto users from theirUnfortunately, this vulnerability is often exploited by recovery scammers who promise to help you get your money back, but in reality, they are just trying to scam you again.

How it works: These scammers often lurk in the comments sections of social media posts about crypto scams, advertising their ""expertise"" in recovering lost funds. A 19-part thread outlines the sophisticated strategies scammers are using to part crypto users from their funds. Source: Cointelegraph / Felix Ng Cybersecurity analyst Serpent has revealed his picks for the most dastardly crypto and nonfungible token (NFT) scams currently active on Twitter. The analyst, who has 253,400 followers on Twitter, is the founder of artificial intelligence [ ]They may claim to have special tools or connections that can help you track down the scammers and get your money back.

The danger: Cryptocurrency recovery is extremely difficult, if not impossible, in most cases. Menu. Home; Bitcoin Chart; Cryptocurrency News; Live PricesThese scammers will typically charge you a fee upfront, and then disappear without providing any real assistance. [ ap ] emergency: watch this before you trade bitcoin!! crypto exchange [ ma ] the best crypto gaming passive income strategy! (3 explosive plays) bitcoinYou'll end up losing even more money.

How to protect yourself:

• Be wary of anyone who promises to recover your lost crypto: Cryptocurrency recovery is rarely possible.
• Never pay upfront fees for recovery services: Legitimate recovery services typically work on a contingency basis, meaning they only get paid if they are successful.
• Report recovery scammers to the authorities: Help protect others from falling victim to these scams.

8.AI-Generated Video Scams: The Rise of Deepfakes in Crypto

The rise of artificial intelligence has brought many benefits, but it has also created new opportunities for scammers.AI-generated videos, also known as deepfakes, are becoming increasingly sophisticated and difficult to detect, making them a powerful tool for deception.

How it works: Scammers use AI to create realistic-looking videos of public figures, such as crypto influencers or CEOs, endorsing fake projects or promoting scams.These videos can be incredibly convincing, making it difficult to distinguish them from real videos.

The danger: Seeing a trusted figure endorse a project can significantly influence people's investment decisions. A 19-part thread outlines the sophisticated strategies scammers are using to part crypto users from their funds. 8 sneaky crypto scams on Twitter right now Crypto Information from across the InternetIf the endorsement is fake, it can lead to substantial financial losses.

How to protect yourself:

• Be skeptical of videos that seem too good to be true: If a public figure is making outlandish claims or promoting a project that seems suspicious, it's likely a deepfake.
• Look for inconsistencies in the video: Pay attention to the person's facial expressions, voice, and body language.Deepfakes often have subtle inconsistencies that can betray their artificial nature.
• Verify the information independently: Don't rely solely on the video to make your investment decisions. Hot News. Hot News. 副标题Check the project's official website and social media channels for more information.

Staying Safe in the Crypto Wild West: Key Takeaways

The crypto landscape on Twitter can be a treacherous place, but by staying informed and vigilant, you can significantly reduce your risk of falling victim to these sneaky scams. Cybersecurity analyst Serpent has revealed his picks for the most dastardly crypto and nonfungible token (NFT) scams currently active on Twitter. The analyst, who has 253,400 followers on Twitter, is the founder of artificial intelligence and community-powered crypto threat mitigation system, Sentinel. In a 19-part thread posted on Aug. 21, Serpent outlined how scammers targetRemember to always double-check information, be skeptical of overly generous offers, and never share your private keys or seed phrase with anyone. In a 19-part thread posted on Aug. 21, Serpent outlined how scammers target inexperienced crypto users through the use of copycat websites, URLs, accounts, hacked verified accounts, fake projects, fake airdrops and plenty of malware.As Ripple pointed out, rallies in the crypto market often bring an increase in scams, so staying alert is crucial, now more than ever.

Key protective measures to implement right away:

1. Always verify information from multiple sources. Don't rely solely on what you see on Twitter.
2. Use strong, unique passwords for all your accounts. A password manager can help with this.
3. Enable two-factor authentication (2FA) wherever possible. This adds an extra layer of security to your accounts.
4. Keep your software up to date. This includes your operating system, browser, and crypto wallets.
5. Be cautious of clicking on links from unknown sources. These links could lead to phishing websites or malware.
6. Educate yourself about crypto scams. The more you know, the better equipped you'll be to protect yourself.

By following these tips and staying vigilant, you can navigate the world of cryptocurrency on Twitter with greater confidence and peace of mind. A 19-part thread outlines the sophisticated strategies scammers are using to part crypto users from their funds. Cybersecurity analyst Serpent has revealed his picks for the most dastardly crypto and non-fungible token (NFT) scams currently active on Twitter.Remember, knowledge is your best defense against the ever-evolving tactics of crypto scammers.Stay safe and happy investing!