According to Richard Teng, crypto traders should be alert to three major security red flags: pressure to act immediately, promises of guaranteed returns, and any requests for private keys or seed phrases (Source: Richard Teng, Twitter, June 18, 2025). These warning signs are frequently linked to scams targeting digital assets like BTC and ETH. Maintaining control of your private keys is essential for safeguarding your portfolio. Traders are urged to independently verify all opportunities and never share sensitive information, as security lapses can directly lead to asset loss and significant trading setbacks.

According to ZachXBT, a respected on-chain investigator on Twitter, there is a notable shift away from publicly posting crypto investigations on Crypto Twitter (CT) towards working privately with victims and conducting research behind the scenes (source: ZachXBT via Twitter, June 16, 2025). This trend may reduce immediate public transparency on scam and exploit alerts, potentially increasing risks for active traders who rely on real-time information. However, the move could lead to more thorough investigations, benefiting longer-term market stability and security. Traders should be aware that the speed of public scam warnings may decrease, emphasizing the importance of robust personal due diligence and risk management in crypto market activities.

According to @EleanorTerrett, verified imposter accounts are actively targeting crypto traders on X, urging users to block and report @EleanorTbackup and beware of trading scams. She emphasized that she will never initiate direct messages and only uses one official account. This highlights increased scam risk for crypto traders on social platforms and reinforces the need for heightened vigilance to prevent financial losses. (Source: @EleanorTerrett on X, June 15, 2025)

According to @KookCapitalLLC, concerns about the prevalence of pump and dump schemes, scams, and unethical practices have intensified in the crypto market as of June 2025 (source: Twitter). For traders, this signals elevated risk and emphasizes the need for stricter due diligence, as the industry faces increasing scrutiny over its integrity. These conditions directly impact the liquidity and volatility of major cryptocurrencies, potentially leading to sharper price swings and challenges in identifying safe trading opportunities. Traders should closely monitor regulatory developments and prioritize projects with transparent governance and established reputations to mitigate exposure to fraudulent activities.

According to @twitteruser, their content strategy blends high-level analysis ('9000iq takes' and 'alpha') with frequent posts about low cap crypto projects, many of which are scams or rug pulls. This approach positions the account as both a source of valuable trading insights and significant risk, especially for traders seeking early entry into low market cap tokens. Followers are cautioned that engaging with such content can expose them to fraudulent projects, emphasizing the need for robust due diligence before acting on any token recommendations. Source: @twitteruser tweet, June 2024.

According to Ryan Kim (@0xryankim), a suspicious meeting invitation process was encountered where a reputable contact approached him for a catch-up, but the Calendly invite lacked a Google Meet link and organizer details, followed by a Zoom link sent via Telegram (source: Twitter, May 28, 2025). This sequence strongly suggests a potential phishing attempt targeting crypto professionals. Traders are advised to scrutinize unsolicited meeting links and verify organizer identity to avoid credential theft or malware attacks, which can lead to significant crypto asset loss. Increased phishing attempts in the crypto sector underscore the necessity for robust operational security.

According to Lex Sokolin, traders should be wary of projects using fake metrics or buying followers, as these practices often signal poor transparency and increased rug pull risk (source: Lex Sokolin Twitter, May 15, 2025). Relying on artificially inflated social media numbers or misleading token data can lead to significant trading losses, since such indicators do not reflect genuine community support or project fundamentals. Crypto traders are advised to verify on-chain activity and real user engagement before making investment decisions to avoid exposure to manipulated markets and potential exit scams.

According to Lookonchain, 20 hours ago Ricky Gervais (@rickygervais) posted an image of Glonk, a character from his Flanimals book series. Shortly after, a new meme coin called $GLONK was launched, followed by a second $GLONK token just three minutes later. Traders should note the rapid succession of similar tokens and high volatility, a common risk with celebrity-driven meme coins (Source: Lookonchain, Twitter, May 14, 2025). The sudden influx of $GLONK tokens underscores the speculative nature of such projects and highlights the importance of verifying token legitimacy, as meme coin launches often experience extreme price swings and potential scams. Crypto market participants are advised to exercise caution and conduct due diligence before trading these trending tokens.

According to HenriArslanian, as the crypto bull market returns, there is a noticeable surge in scammer activity and impersonation accounts, specifically on platforms such as X and TikTok. Traders should be vigilant as these fraudulent accounts—like 'HenriArslanians' on X and 'Henri..Arslanian' on TikTok—are actively reaching out to real followers, creating heightened risks of phishing and financial loss during market rallies (source: @HenriArslanian on X, May 11, 2025). These scams can impact market sentiment and increase volatility, making security awareness essential for crypto traders during bullish cycles.

According to Phantom (@phantom), traders can protect themselves from scams by accessing only official and verified links, with the official DOOD site now available directly in Phantom Explore. This move enhances security for DOOD token investors, reducing the risk of phishing and fraudulent sites when trading or interacting with the Solana ecosystem. Source: Phantom Twitter, May 9, 2025.

According to KookCapitalLLC, the main issue in web3 gaming stems from crypto scam companies attempting to develop games but failing to deliver quality, which undermines user trust and market growth (source: Twitter). This trend impacts trading by increasing volatility in related gaming tokens and deterring legitimate investment. The clear demand among gamers for gambling and speculation mechanics presents an opportunity for well-executed projects, but current market sentiment remains cautious due to frequent scams (source: Twitter). Traders should closely monitor project teams and token liquidity as the sector matures.

According to Flood (@ThinkingUSD) on Twitter, projections indicate a continued increase in crypto-related crime throughout the next decade, emphasizing the urgent need for traders and investors to prioritize personal and asset security to mitigate risks associated with cryptocurrency theft and scams (source: Flood Twitter, May 4, 2025). This highlights the importance of integrating advanced security protocols, multi-factor authentication, and cold storage solutions into trading strategies to protect digital holdings in volatile markets.

According to Milk Road (@MilkRoadDaily), traders can protect themselves from common crypto scams by following a step-by-step guide that details how to spot fraudulent activities, avoid them, and enhance personal security. The guide includes actionable tips relevant to crypto wallet safety, phishing scam detection, and best practices for trading security. Milk Road emphasizes that this 5-minute read offers practical advice that could help traders avoid financial losses, making it a valuable resource for safeguarding assets in volatile crypto markets (source: Milk Road Twitter, April 29, 2025).

According to AltcoinGordon, crypto scams in 2024 have doubled, causing American investors to lose $9.3 billion, which marks a staggering 66% increase compared to 2023 levels (source: twitter.com/AltcoinGordon/status/1916812234266681566). This sharp rise in fraudulent activity highlights significant risks for traders, especially those engaging in high-volume altcoin and DeFi transactions. Market participants should prioritize security, employ robust wallet protection, and conduct rigorous due diligence before committing funds, as the surge in crypto scam cases directly impacts market volatility and trader confidence.

According to @LeonidasNFT, a critical metric for evaluating whether an NFT mint was a rug pull involves analyzing what percentage of the funds have been reinvested to provide utility to token holders. If after a year, a minimal percentage of funds have been allocated to enhance holder benefits, it may indicate a potential extraction or rug pull scenario.

According to Trevor.btc, the Bitcoin Ordinals community is debating the legitimacy of utility promises in coin and NFT collections. He highlights a prevalent view that many projects are 'slow scam rugs,' but emphasizes that the successful 1% can lead to substantial wealth. This insight is critical for traders assessing the risk and reward of investing in utility-based crypto projects.

According to @KookCapitalLLC, the 'crypto scammer starter pack' highlights essential red flags for traders in identifying potential scams in the cryptocurrency market. The post emphasizes the importance of due diligence in trading activities, citing examples such as unrealistic profit promises and lack of transparency often seen in fraudulent schemes. Traders are advised to verify the credibility of sources and to remain cautious in environments that lack regulatory oversight.

According to Richard Teng, Binance's risk management team has successfully traced and recovered stolen funds, ensuring users' assets are protected. This incident underscores the importance of robust security measures in the crypto space, particularly for traders and investors who prioritize safety alongside profitability.

According to Phantom, understanding common crypto scams is crucial for traders to safeguard their investments. They recommend visiting their provided link for detailed information on identifying and avoiding these scams, which is essential for maintaining security in crypto trading.

According to Phantom, understanding common cryptocurrency scams is crucial for traders to secure their investments. The resource linked by Phantom emphasizes the significance of recognizing phishing schemes, Ponzi schemes, and fake ICOs, which have been prominent in the crypto market. Traders are advised to verify sources and use secure wallets to protect their assets. Such preventive measures are essential for maintaining portfolio integrity and avoiding losses from fraudulent activities.