Hello everyone, I am a hunter. This article will focus on talking to you about blockchain and cryptocurrency scams that have often appeared in the past year or two. After analyzing each scam, I will give you some suggestions on how to distinguish them and how to avoid this pattern of being cut off. I hope you can watch until the end, especially the new leeks that have just entered the scene recently. #BTC

We will explain the scams in order of difficulty.

First of all, the first scam is relatively easy to identify. It is a formal company. They are considering issuing corporate bonds. However, the boss of this company may have learned a little bit about blockchain and cryptocurrency recently, so he is thinking about corporate bonds. If it can be converted into cryptocurrency, there are many such companies. Their company's official website is usually very luxurious, and the company's executives all have a luxurious lineup, and all of them are elite. But what is usually written in white papers makes no sense. At first glance, it looks like the style of a listed company, and there is no hint of cryptocurrency at all.

The whole article will only talk to you about what they will do after financing, and what their overall pattern is. This is actually a pretense of issuing cryptocurrency. They issued corporate bonds or stocks. The most important thing is that their official website also There is a link to buy company coins, but when you click on it, you find that it only supports credit card payment to buy coins. To put it bluntly, such a coin is not a cryptocurrency at all, it is just a point. I don’t know if you have encountered this situation, you can discuss it in the comment area. The reason why such a scam is easy to distinguish is credit card payment, but I believe that someone must have been deceived, especially newcomers in this currency circle.

The second scam is wallet laundering by short sellers. In the cryptocurrency industry, various social media are full of scams in which short sellers take advantage of others. Once you encounter the short seller and do not receive a few dollars, instead, the money in your wallet All the money has been sucked away, what's going on? It turns out that the scammer got all the permissions to use your wallet when you authorized the wallet, including transferring all the coins.

Here I would like to share with you how to identify your own wallet. Have you authorized such scammers and have you given all permissions to them? You can use the website etherscan.io to check the address of your wallet. Once you find this kind of scammer, Be careful with the word unlimited, as it takes away all your permissions. In addition, the website will also remind you that there is a lot of risk when the wallet shows that there is an NFT. You should pay attention at this time. So how to avoid such scams? The first is not to be greedy for small gains and take advantage of the short position. It is true that you will not make much money. Then don't put too much money in the second wallet, so as not to be sucked away by others, or you may authorize it to others in an unexpected way, and then all your money will be washed away.

The third is the handling fee scam. For example, someone comes to you. He says that he is a newbie in the currency circle. He has several thousand USDT in his wallet, but he cannot take it out. Then he puts the mnemonic phrase of this wallet into the wallet. It’s all given to you, and I hope you can withdraw the money. It means it will give you a certain reward. After you restore his wallet on your computer or mobile phone, you find that there are really so many USDT, so you want to take it all out. But when you want to transfer money, you find that there is no Ethereum in the wallet as gas, so you charge Ethereum into the wallet. At this time, the scam begins. The ETH you transfer disappears immediately. This is because of this The scammer placed a smart contract in this wallet. As long as ETH is transferred in, the scammer will immediately transfer it away. This kind of scam also takes advantage of people's greed and is easier to identify, so don't trust any private messages or private chats on social media.

The fourth one is fake exchanges. Such scams are not easy to distinguish. At the beginning, someone may chat with you privately, saying that he bought a coin on a certain exchange and it multiplied 100 times. When you start Download the exchange he recommended, and when you start to deposit a small amount of money, you find that the coins you bought have indeed doubled many times, and you have indeed made money, right? There is no big problem in withdrawing the currency. You can also raise it, so you relax your vigilance and start to increase your chips. At this time, you will find that the currency price plummets, or you have made money, but cannot withdraw it. The APP of our exchange can only be downloaded from the regular Apple store or Google store. Do not just download a program online and then install it. This scam will sometimes include text messages from the regular exchange telling you. Please believe that our trading software will be upgraded and allow you to download the latest software through the link. Then such software either has a Trojan horse program or is a fake exchange. Do not click on this link.

The fifth one is the Pixiu plate. This is not easy to distinguish, but newcomers in the currency circle generally will not be cut off, because newcomers will not use this kind of decentralized exchange. This is often compared with old leek. Many people in the community often shout, saying that if you don’t participate in the latest Thousand and Ten Thousand Times Coin project, you deserve to be poor for the rest of your life, etc. These are particularly attractive words. So if you get in in a hurry and find out within a few days that the pool has been withdrawn, the currency price will go back to the top, and all your money will be gone. Such scams happen every day, but people are being deceived every day. , I will briefly share with you how to identify whether this item is a Pixiu plate.

First of all, look at the official website and social media of this project. If its official website is very rough and careless, and the social media is mostly filled with zombie fans, and no one interacts with it, then the probability of Pixiu Pan is relatively high. The second is to read the white paper. The white papers of some projects are pieced together and written in a mess. They only give you a picture and tell you a story, but you can’t see what technology he uses, what chain he uses, and what he wants. What kind of functions can be achieved. Maybe this is the Pixiu Pan, but this white paper needs to have a certain foundation. At least you have to read the white papers of more than 5 formal projects, including Bitcoin, Ethereum and other more formal projects. A white paper can develop this feeling... #ETH

Then we will use some tool websites to analyze the code and smart contracts of this project. This is more difficult, but one thing is very clear. If the contract of this project is not open source , that is to say, you can’t see a line of code on the website, and if it is all garbled code, then 99% of it is a Pixiu plate. If the contract is open source, then you should go to the website dextools.io to analyze its liquidity. If there are very few funds in the pool, and the recent transactions are only buying but not selling, then the probability of Pixiu trading will increase. If there is both buying and selling, then we go back to the contract to find out whether there is a key word like owner only cell. If so, you may not be able to sell it if you buy it. What I just mentioned The method is only based on the current situation, and scammers are constantly upgrading, making it difficult to detect them. The simplest and most effective way to prevent this is to not get FOMO when you see a project like this, and wait before participating.

The last and most difficult thing to distinguish is the coins issued by Big V itself. For example, a big V issued a coin and then tricked his fans into buying it. Many people actually spent a lot of money to buy this coin, but later it was said that the opening was swept away by robots and the market was smashed. , fans suffered heavy losses, but he himself said that I didn’t know that I was hacked by this scientist or a robot. Many fans who were deceived said that this was just a backdoor that he deliberately released to attack himself to achieve the effect of harvesting fans. How do you think this kind of scam can be seen through? It's very difficult. If you analyze the code of the contract he wrote, there will be no problems and everything will appear normal. But you will find that his project does not have any white paper or official website.

So this matter of harvesting fans mainly depends on the personality of the blogger. Such things have happened before, and more bloggers will do such things in the future. It can be said that it is impossible to guard against, but people are here Who knows, a couple was killed in Indonesia before. It is said that the man made millions of dollars because of a project he posted. The person who was cut off was a 2000 generation, and the whole world was hunting him down. It would really cost him his life. So how to prevent being harvested by big v? First of all, our own cognition must continue to improve and we must continue to learn. Secondly, there are many bloggers who like to use brainwashing words to instill all kinds of anxieties in you. There are very few that actually analyze the project and implement it in a down-to-earth manner. We need to think more about it. If a blogger posts something that makes you fomo and anxious, does the purpose behind it really want you to make money along with him? Or does it really want you to improve your cognition? You have to think more about it and understand it, and then you will be less likely to be fooled in the future.

This article ends here. If it is helpful to you, I hope you can give me a like and follow me so that more people can see it and prevent me from being scammed.