Crypto scams have become increasingly brazen and elaborate, stealing billions of dollars from unsuspecting victims. The most common scam is the giveaway, where scammers promise to give free crypto in return for a small investment. These scams are pervasive on platforms like Twitter, YouTube, and Instagram, using fake transactions and pressure tactics to deceive people. Another scam is the rug pull, where scammers disappear with investors’ funds after creating hype around a project or NFT. Rug pulls can happen quickly or slowly, making it important to be discerning when participating in NFT or DeFi projects.