#9: Beware of Lookalike Scams
One of the most common types of cryptocurrency scams is the “lookalike scam,” wherein cybercriminals use phony apps and websites that look just like the websites of popular cryptocurrency platforms and products. In just one report published earlier this year, cybersecurity analysts found a total of 249 fake cryptocurrency wallet apps for iOS and Android that were being used to steal millions of dollars in crypto from unsuspecting users. There’s likely a whole lot more where that came from. The best way to make sure you’re not being taken advantage of is to thoroughly investigate the platforms and applications you’re using and vet them for signs of shadiness.
