How to Spot a Crypto Scam: Red Flags to Know

Crypto scams work because transactions are usually irreversible. Learning the common patterns is the best protection you have.

Guaranteed returns

Nobody can guarantee profits in a volatile market. “Double your coins,” fixed daily returns, and celebrity “giveaways” that ask you to send crypto first are classic frauds.

Recovery and romance scams

Recovery scams target people who already lost money, promising to get it back for a fee. “Pig-butchering” scams build a relationship or friendship before steering you to a fake investment app. Both rely on trust and urgency.

Protect yourself

Never share your seed phrase, verify domains and apps independently, and slow down — pressure to act “now” is itself a red flag. If you spot a scam, tell us via contact; we cover them so others don’t fall for the same trick.

Educational content, not financial advice. Crypto is volatile and you can lose money. Do your own research. Crypto Ruble Coins is a news and education publication — not an exchange, conversion, or off-ramp service.