Bitcoin and cryptocurrency scams exploit the irreversibility of transactions and the relative anonymity of the blockchain . You can report any scam on the official Internet Crime Complaint Center ( IC3 ) platform. [1,
Main types of fraud
Pig Butchering (Romance/Investment Scam): Scammers build a relationship of trust online on dating apps or social networks to entice you to place money on fake trading platforms.
Fake technical support and social engineering: Individuals impersonate employees of Google, banks, or government agencies to obtain your access or private keys (recovery phrases).
Automated teller machines (Bitcoin ATMs): Scammers scare victims (alleged legal threat or compromised account) to force them to deposit cash in crypto kiosks.
Online job and task scams: Promises of quick commissions on the condition of paying cryptocurrency to unlock tasks or withdrawals. [1]
Fund recovery scams: Fake law firms or experts claim to be able to recover your stolen funds for an initial fee