Bitcoin & Crypto Influencer Scams

Udi Wertheimer But when there are so many projects, it becomes difficult to know which one is worth investing in. After all, some could very well turn out to be unreliable cash-grabs that don’t provide investors any value. That’s why many projects these days are turning to niche influencers to promote their project. The same … Read more

Zack Morris As cryptocurrency gains more and more popularity among novice investors, there’s a lot of FOMO going around. However, the problem with cryptocurrency is that it’s a highly unregulated market, so there’s little oversight as to what projects are launching and whether they’re keeping promises. This has led to the rise of cryptocurrency influencer … Read more

Justin Bieber Although cryptocurrency started out as a way to decentralize wealth, it has turned into a wild west of financial fraud where fraudulent crypto projects get away with investors’ precious savings. Over the last few years, we’ve seen numerous crypto endorsements by celebrities, many of which have no experience in investment. These include popular … Read more

De’Aaron Fox Whether people want to start their own crypto or NFT project or are looking to make an investment, interest in the blockchain space is growing. One of the main ways that crypto and NFT projects are promoting their offerings among potential investors is through endorsements from popular celebrities and influencers. In some cases, … Read more

Lil Uzi Vert In the crypto space, the ultimate goal is to be an early adopter for a cryptocurrency or NFT that will end up appreciating in value. But not all crypto and NFT projects can be trusted. And if you think that a well-renowned personality being the face of a project indicates authenticity, you’re … Read more

As cryptocurrencies continue to grow in popularity throughout the world of finance, many celebrities and influencers are looking to throw their hat in the ring. There have been plenty of YouTube and Twitch influencers who have tried to launch their respective cryptocurrency projects, but most of them turned out to be scams. Better known as … Read more

As the crypto market gains a stronger footing in the world of finance, plenty of people are looking to get in and make some significant profits. Unfortunately, a lack of knowledge about the industry means that people trust just about anyone when it comes to crypto advice. This is despite the SEC advising people against … Read more

As cryptocurrency gains traction as a viable investment opportunity, people are looking for ways to get started with investing. But since there are tens of thousands of cryptocurrencies on the market, newbie crypto enthusiasts with little knowledge have no clue as to which token to invest in. In such situations, people turn to relatable and … Read more

Cryptocurrencies could very well be the future of finance but it still has a long way to go before it becomes a more accepted way for people to start accepting it as a main stream form of payment. Possibly the biggest reason why people have a difficult time trusting cryptocurrencies is because of the abundance … Read more

Now that the crypto domain is gaining traction among all sorts of investors, up and coming tokens are looking for trustworthy faces to promote them. However, not all the crypto projects that are started are reliable, and quite often, the influencers they hire to promote their content aren’t entirely genuine either. This model has led … Read more