The cryptocurrency market is bigger than ever in 2025. Millions of new investors are joining daily, hoping to profit from the next bull run.
But alongside the opportunities, scammers are also more active than ever. From fake apps to rug-pull projects, billions of dollars have been lost to crypto scams.
If you’re new to crypto, it’s easy to get caught in the hype and overlook red flags. The good news is that spotting scams isn’t as hard as it seems.
In this guide, we’ll break down the most common scams in 2025, the warning signs, and practical steps you can take to protect your hard earned money.
Why Crypto Scams Are Still Growing in 2025/2026
Even though blockchain technology is secure, people are not. Scammers prey on human weaknesses: greed, fear of missing out (FOMO), and lack of education.
- More new investors: Bull runs attract beginners who don’t know the risks.
- Global access: Anyone with a phone can be targeted.
- AI-powered scams: Fake influencers, deepfake videos, and automated bots make scams harder to detect.
- Lack of regulation: In many countries, crypto is still the “wild west.”
The result? Scams are evolving faster than ever.
Common Crypto Scams in 2025 /2026
1. Fake Exchanges & Wallet Apps
Scammers create professional-looking websites or apps that look just like trusted platforms. When users deposit funds, the money disappears.
Tip: Always double-check the official domain and download apps only from verified stores.
2. Phishing Emails & Social Media Messages
You might get an email that looks like it’s from Binance, Coinbase, or Trust Wallet asking you to “verify your account.” Clicking the link leads to a fake site designed to steal your login details.
Tip: Real companies will never ask for your password or seed phrase via email or DMs.
3. Rug Pulls & Pump-and-Dump Coins
A new token launches, gains hype, and the team vanishes after collecting investor funds. In 2025, this happens a lot in meme coin and DeFi projects.
Tip: Research the team, check liquidity locks, and avoid projects with no transparency.
4. Fake Giveaways & Airdrops
Scammers pose as influencers or exchanges offering free crypto. To “claim” the prize, you’re asked to send crypto first which is the trap.
Tip: If someone asks you to send money to receive more, it’s a scam.
5. Impersonation Scams
Scammers pretend to be well-known crypto figures (like Elon Musk or Vitalik Buterin) using fake accounts, often promoting “investment opportunities.”
Tip: Verify accounts with official blue checks and cross-check announcements on official websites.
Red Flags That Signal a Scam
Watch out for these common warning signs:
- 🚩 Guaranteed returns or “risk-free” promises
- 🚩 Pressure to invest quickly (“Limited time offer!”)
- 🚩 No clear information about the team or project
- 🚩 Requests for your private keys or seed phrase
- 🚩 Unverified links or apps
If something sounds too good to be true, it usually is.
How to Protect Yourself in 2025 /2026
- Use a Hardware Wallet – Keep your long-term crypto safe offline.
- Double-Check Links – Bookmark official websites to avoid phishing.
- Research Before Investing – Check whitepapers, GitHub activity, and community discussions.
- Enable Two-Factor Authentication (2FA) – Adds a security layer to exchanges and wallets.
- Stay Updated – Follow trusted crypto news sources (like CoinTelegraph, Decrypt, or BullRunHat.com 😉).
What to Do If You Get Scammed
Even with precautions, mistakes can happen. If you fall victim to a scam:
- Contact your exchange support team immediately.
- Report the scam to your local cybercrime authority.
- Share warnings in online communities to protect others.
- Learn from the experience — scams are harsh teachers, but you’ll be wiser next time.
Crypto offers huge opportunities, but scams are part of the landscape. By learning to spot red flags and taking security seriously, you can avoid most traps.
Remember: in crypto, you are your own bank. With that freedom comes responsibility. Always do your own research, protect your private keys, and trust your instincts.
At BullRunHat.com, our goal is to help you navigate the bull run safely. Stay smart, stay alert, and protect your crypto journey.
