Today’s crypto fraud isn’t just about fake coins or hacked wallets. The fastest-growing threat comes from fraudulent apps and exchanges that look completely legitimate. Criminals build realistic trading dashboards, wallet apps, and decentralized platforms designed to steal deposits or drain user wallets. Victims often believe they are investing, trading, or staking on a real platform — until withdrawals are denied, funds disappear, or “fees” and “taxes” are demanded.
The most common scam categories include:
- Fake wallets & fake exchanges that simulate trading activity
- Phishing dApps & approval scams that trick users into granting access to their assets
- Malicious smart contracts built to drain wallets
- Rug pulls on high-yield DeFi tokens/protocols
- Pig-butchering schemes using fake “private exchanges”
🔎 If a platform is not listed on trusted marketplaces or lacks a verifiable legal entity, it may be designed to steal from users. Want to learn more? Read the full post here at BlockDivers.
🚨 If You’ve Been Scammed, Act Fast
Crypto transactions move quickly. The stronger your evidence and tracing reports, the better your chances of freezing funds or pursuing legal recovery. VAR works alongside BlockDivers, who provide:
🔍 Blockchain tracing & forensic reporting
👤 Identification of operators & domains
📄 Evidence packages for law enforcement
🕵️ Need help confirming if a platform is fake?
Submit your case for review at: VirtualAssetRecovery.com
🔗 Professional blockchain forensics powered by BlockDivers.
