Crypto assets is valuable. Crypto success is inevitable. People are desperate to earn some cryptos in a good way. But some people choose the wrong path unfortunately. They will try to steal your hard earn cryptos in a deceptive way. Most common scamming technique is by using twitter. Scammers open an identical account of a new ICO. Just a subtle change in the name but profile photo or overall twitter design is identical to the original one.

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Previously, I wrote about Wanchain. Wanchain fake twitter account had more followers than the original one. Fortunately, Wanchain team has done everything to report this handle. I saw each and every new ICO has fake accounts. They will ask some ether and in terun they will send you huge amount. i.e, Send us 0.1 ether, we will send you 10 Ether.

We know that through media, Some people fall into this cheap techniques to scammers. Scammers also use known or famous cryptocurrency public figure and imitate them. One of the known case is with Vitalik Buterin. Vitalik tweet regarding this scam is now a buzzword. I dont give away ETH

I don't give away Eth - Vitalik Buterin

How to protect Yourself

1. Never send any crypto to any address hoping to get more crypto in return
2. Research the project and the offer.
3. Look at the main websites of the project to check whether is there any Airdrop or free give away
4. If someone asking Cryptos in twitter, Consider him as scammer
5. Don't let fear, FUD, or FOMO win over common sense