Summary for Crypto Scams in 2025 | By Vivek Shah (CA, LLB)
Understanding Crypto Scams: Insights on MLM Schemes, Centralized Exchange Risks, and Protecting Your Investments in 2025.
[00:06] Crypto scams target new retail investors with deceptive tactics. [02:02] Centralized exchange scams are prevalent and often disguised as legitimate investments. [04:04] Never share your seed phrase to avoid crypto scams. [05:53] Crypto transactions can be reversed, leading to significant loss for receivers. [07:48] Be cautious with crypto transactions to avoid scams. [09:34] Awareness of crypto mining and malicious contract scams is crucial. [11:23] India’s regulatory bodies combat crypto fraud through various law enforcement agencies. [13:01] Interpol’s Red Corner Notices aid in tracking crypto fraudsters globally.source
