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10 red flags that scream ‘fake airdrop,’ and how to avoid them

cryptoweekly by cryptoweekly
May 26, 2025
in bitcoin, News
0

Fake airdrops are designed to drain users’ funds from their wallets. You need to be well-versed in airdrop scams to protect your crypto wallet.

Key takeaways

In 2024 and 2025, fake airdrop scams targeting Hamster Kombat, Wall Street Pepe and others led to millions in user losses, contributing to over $9.9 billion in global crypto scam damages.

Fake airdrops impersonate legitimate projects, tricking users into revealing private keys, signing malicious contracts or paying upfront fees that lead to irreversible crypto theft.

Read more

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Recent Posts
  • Sharplink hits back at BitMine’s $2B Ether buy with BlackRock hire
  • Smart contract devs think AI code will make crypto safer despite vibe coding fears
  • The centralization crisis threatens data privacy
  • Nigeria’s SEC drums up stablecoin regulation advances in West Africa’s largest economy
  • Vietnam deploys national blockchain for identity and records
  • Eric Trump ‘agrees' Ether should be over $8K as Global M2 money soars
  • Senator Lummis says US is ‘waking up’ on crypto after historic legislative week

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