Check out the team - find out whether they are using their real names or just "stolen" pictures from social media sites.
Like with this FAKE ICO https://www.uatchain.com/
The photos on that ICO are so fake that they used the same photo for two of their team members.
"James" and Tony" must be identical twins.
Google image search is handy for that.
Find out what other projects they have been involved with before.
If in doubt don't invest.
Type 2. Scammers who sell FAKE COINS (name / coin code is same but coin generating contract is different)
How to protect yourself: Check the contract address of these coins, if it came from the same contract address
Ethereum tokens are notorious for this. - But other token platforms will be targeted too as they become more popular.
Also be aware of non scams that can fool you. Different exchanges use the same ticker for different coins. BTG could be BitGem or BitcoinGold
Waves platform - ensure you buy VERIFIED bitcoin, waves and Ethereum. (Indicated by a green tick)
Every verified asset has a green tick.
Type 7: Phishing website attempts
How to avoid getting your exchange account HaCkEd or pHiShEd
ADDITIONAL:
Bitcoin Gold wallet scam
https://bitcointalksearch.org/topic/2017-11-24-bitcoin-gold-wallet-scam-nets-3-million-in-illicit-earnings-2452110
https://bitcointalksearch.org/topic/scam-aware-stolen-btc-fake-bitcoin-gold-claim-2336309
In any case, can someone post a guide on how we get our share of BTG, and is this site safe to use?
https://btgwallet.online/
In an interview, victims blamed the association of the website with the official bitcoin gold project as a source of the effectiveness of the operation.
One of the victims, Mikel Martin, explained to CoinDesk:
"I reached this site by following the link at [the] bitcoingold.org official website so I trusted it. Yesterday afternoon I noticed both my BTC and BTG stored in that wallet were gone."
Before the thefts became apparent, the team behind bitcoin gold – an effort to create a new version of bitcoin that would restrict the types of hardware that can be used for mining – promoted mybtgwallet.com on their Twitter account, assuring users that it was safe to use on multiple occasions.
The person behind the service was, to an extent, ingratiated in the nascent BTG community, including its Slack channel. The website was developed by a user named John Dass, though it is unclear whether this is the developer's actual name or a pseudonym.
Read the full article https://www.coindesk.com/bitcoin-gold-wallet-scam-nets-3-million-illicit-earnings/
When a coin forks it requires using the private key on the new chain - this potentially provides the key to your wallet. With the Bitcoin gold scam the scammer changed the code for the conversion wallet to steal the users Bitcoin.
Self escrow scams- where a scammer uses their other "trusted" alt to "escrow" the funds. This happens on forums where the same or symilar names can be used to that of admins or other trusted people. https://bitcointalksearch.org/topic/quickseller-escrowing-for-himself-1171059
Smart contract scam:
Clever honeytrap scam where users are tempted into sending ETH as "gas" to "claim" 75000 ICX tokens.
Instead the ETH is transferred by the smart contract to another wallet after one confirmation.
Current appear fraud by smart contract at the market cryptocurrency, and my is it's victim, so I want to alert to all cryptocurrency member to avoid it.
I has already received like bellow :
*****Hello! I will help you to get 75 000 ICX tokens
Look at this wallet and log in with your private key
0xA8015DF1F65E1f53D491dC1ED35013031ad25034 ETH
PRIVATE KEY of this wallet (ATTENTION! do not transfer your eth to this wallet, your money will be stolen, only I can help you with the withdrawal of ICX to your ETH wallet!)
668a369e87c01da5bfca9851e6ee86d760e17ee7912d77b7dffe8e0cdf63bcb5
Send me 5 ETH and I will unlock tokens ICX for you and help bring eth wallet to you
My ETH for payment
0x8e40cAC7F4e5FA4ac81e1127b92C3C8b43501965
Write on my mail ([email protected]) after sending eth using your TxHash
Thanks. *****
As you can see , they also give to me PRIVATE KEY of wallet and actually I can open this wallet , BUT THIS IS SCAM, this is a ETH wallet based on SMART CONTRACT " IF YOU SEND TO THIS WALLET ETH IT'S Automatic transfer ETH balance to other ETH wallte.
They have scammed 391 ETH until now and you can see on the picture bellow :
So all member be wary of it .
Just send me a PM if you would like me to explain anything in more detail.