Fake Tech Support Scams

You search for help with MetaMask or Phantom and click the wrong link. A fake “support agent” appears, asking for your seed phrase or remote access.

🚩 Red flags:

  • Anyone asking for your seed phrase is a scammer
  • Fake support channels on X, Discord, or Telegram

✅ Stay safe:

  • Only use official website links and verified support
  • Never give out your recovery phrase to anyone — ever

Rug Pulls from Meme Tokens or “New Projects”

red flag with pole on seashore
Photo by Seoyeon Choi / Unsplash

That viral new altcoin with a 100x chart? It could be a trap. Many new coins are created with one purpose: to pump fast and dump on latecomers.

🚩 Red flags:

  • Anonymous devs, no whitepaper or roadmap
  • Sudden hype from paid influencers or TikTok
  • No token lock or liquidity lock

✅ Stay safe:

  • Use tools like TokenSniffer to screen contracts
  • Stick to projects with verifiable teams and transparent tokenomics

Phishing Sites That Look Like the Real Thing

a fish hanging from a hook in the water
Photo by KapturedByKasia / Unsplash

Misspell a URL by one letter and you could land on a scam site that drains your wallet the moment you connect.

🚩 Red flags:

  • Slight domain misspellings (e.g. uniswapp[.]net)
  • Pop-ups urging urgent action once connected

✅ Stay safe:

  • Bookmark official sites (e.g. app.uniswap.org)
  • Use tools like Wallet Guard or browser plugins that verify dApps

Fake Airdrops and Token Approvals

You see a new token in your wallet — but it’s bait. Scammers want you to interact with the contract and approve malicious permissions.

🚩 Red flags:

  • Unknown tokens randomly appearing in wallet
  • Fake “claim airdrop” links

✅ Stay safe:

  • Never interact with unknown airdrops
  • Use Revoke.cash to review and cancel token approvals

Impersonator Scams on Social Media

person holding space gray iPhone X
Photo by Marten Bjork / Unsplash

Scammers copy influencer accounts, logos, and content — then DM followers with fake giveaways or investment offers.

🚩 Red flags:

  • Private messages offering 2x returns
  • Fake verified checkmarks or usernames with slight changes

✅ Stay safe:

  • Never trust DMs with offers — real projects don’t ask first
  • Cross-check handles carefully before engaging

Final Thoughts

Crypto is full of innovation — and also deception. Most scams rely on urgency, impersonation, or exploiting trust.

Slow down. Verify. Ask questions.

Scams evolve. So should your awareness. Want regular breakdowns that help you stay ahead of threats? Join Alpha Insider.