Different ways of scamming people with Crypto

Crypto is pretty much perfect for scammers, since it is still unregulated. It is the wild west for making money quick with very little effort.

The main point is to get real money in, and take very little to no responsibility after you get it. Here are some examples if you want to make it big in Crypto:

• Vaporware: Make a project, promise the world and never really deliver. Always push the release date for new features saying you are working on it. You are incentivized to deliver small updates and improvements to push the price higher. If you deliver a finished product there is no hype to sell it. Most crypto projects fall in this category. Protip: Never finish your project, but spend 3 hours live-streaming every day.
• Rug-Pull: Should be pretty common by now. Make a shitcoin in 1 hour, make some AI art of a dog/cat hybrid and call it GrumpyInu. Make up a team of 10 people who supposedly work really hard on this project, with lots of fake degrees. Hype it for a month max then dump it. Also could be called a pump and dump. Protip: Pay some c-star tiktok influenser to promote it.
• Make a CEX: Make a crypto exchange, and make your own coin to rake in cash as your exchange grows. Have zero control or need to comply with regulations, because you have to move real fast and break things. Make billions and pretend you don't care about money. Protip: Establish the CEX in a country with no extradition to the US, have an escape plan when it eventually goes titsup.
• Influencer scam. Are you some kind of influencer, with a decent following? Great! You can now almost guaranteed to rake in some cash promoting a shitcoin made by shady people you hardly know. Most of your fans will forget easily as the internet gave everyone ADHD. Good names are BitcoinMax or EthereriumZero. Protip: remember to delete everything about your project from your social media after it is rugged. Repeat this process every three or so months.
• Stablecoin scam. Want a printer of dollars? With the option to exchange real money for fake internet tokens? Say no more. Make a stablecoin, something like USDP or iUSD. Protip: When it ultimately implodes blame the people around you.