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Crypto: The World�s Greatest Scam.Scammers create fake crypto trading apps to steal your money. The giveaway is usually that they ask you to download the app from their website. They may appear. Cryptocurrency investment scams Scammers sometimes create fake cryptocurrency trading platforms or fake versions of official crypto wallets to trick. Pump-and-dump schemes are a form of fraud. The originators of the scheme plan to take money from innocent investors by encouraging them to buy an asset based on.