They are now using the name of decentralized smart contract to fool people. Since people will see decentralized websites then they will easily trust them and invest in their website. They are now coming up with various ways to scam so that it can be easily scammed.
Scammers closely monitor the market and quickly switch their scam from the Ethereum network to Tron, because they see the high cost of transactions on the network. I think that in the near future we will see a Scam in which the word DeFi will be used. They can not pass by such a hype around decentralized Finance.
When the market moves in that trend, the scammers make their next plan based on that trend. Scammers are already coming up with many DeFi scam projects. Many investors are now interested in investing because of the DeFi hype. And this is the time when scammers come up with these scam projects, which can easily trap investors.
They want to take advantage of each and every opportunity. They want to quickly prove themselves trustworthy, so investors will invest in their website.
