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General TradingS
Scam
A fraudulent scheme designed to deceive investors or traders into losing money, often through false promises of guaranteed returns, fake projects, or manipulative tactics. In crypto markets, common scams include rug pulls, phishing attacks, Ponzi schemes, and fake token offerings.
Example
“The crypto project turned out to be a scam when the developers drained the liquidity pool overnight, leaving investors with worthless tokens.”