Common Tactics
- Fake Exchanges / Fake Apps
The interface shows numbers that keep rising, but withdrawals are blocked. - High-Return 'Mining/Staking/Arbitrage'
Promises of daily returns and stable income are often Ponzi schemes. - Instructor-Led Coin Trading
Group chats guide you to buy specific coins or join certain platforms. - Fake Customer Service / Fake Wallets
They trick you into revealing your seed phrase or private key, which gives them access to all your assets. - Pig Butchering Scams Involving Crypto
After building a relationship, they lure you into investing in USDT.
Self-Protection Before Transfer
Never give your seed phrase or private key to anyone—legitimate platforms and customer service will never ask for them. Use only reputable, compliant exchanges. Test with a small amount before withdrawing large sums. Be skeptical of any crypto project that 'guarantees profits.'
What to Do If Scammed
Blockchain transfers are nearly irreversible, but you should still act immediately: save the transaction hash (TxID) and the recipient address, call 165, file a police report, and notify the exchange you used to help mark or freeze the funds. The quicker you act, the better.
❓ FAQ
They asked for my wallet seed phrase, is it safe?
Absolutely do not give it. The seed phrase/private key is the key to your assets. Anyone (including 'official customer service') asking for it is a scam.
Is it useful to report a crypto scam to the police?
You should still report it and keep the TxID and the counterparty address. Although recovery is difficult, reporting and notifying exchanges can help mark suspicious addresses and prevent further harm.