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Here are 2 popular crypto scams—and how to avoid them

Yaniv Hanoch and Stacey Wood

Fast Company

Jun 21, 2022

Fast Company article:  Here are 2 popular crypto scams—and how to avoid them

Crypto scams cost investors nearly $14 billion last year alone.

When one of our students told us they were going to drop out of college in August 2021, it wasn’t the first time we’d heard of someone ending their studies prematurely. What was new, though, was the reason. The student had become a victim of a cryptocurrency scam and had lost all their money—including a bank loan—leaving them not just broke, but in debt. The experience was financially and psychologically traumatic, to say the least.