Crypto Scam: How to Spot and Avoid Common Crypto Scams in 2025

When you hear crypto scam, a deceptive scheme designed to steal cryptocurrency or trick users into giving up private keys. Also known as crypto fraud, it’s not just a risk—it’s a daily threat in Web3. No matter how experienced you are, scammers adapt fast. They don’t need fancy code. They just need you to click, send, or trust the wrong thing.

A fake airdrop, a lure promising free tokens that actually steal your wallet info is one of the most common traps. Look at BABYDB and CSS—both were never real airdrops. Scammers created fake websites, Twitter bots, and Telegram groups pretending to be official. People entered their seed phrases thinking they were claiming free tokens. Same goes for crypto phishing, attacks that mimic real platforms like Bybit or MetaMask to steal login details. In 2025, deepfake videos of CEOs and QR codes that redirect to fake wallets made phishing harder to spot. And then there’s the rug pull, when developers abandon a project after collecting investor funds. PolkaWar and Bitspawn both started with hype and airdrops, but never delivered a working product. Their tokens crashed to pennies, and the teams vanished.

Even trusted platforms aren’t safe. Hyperliquid got hacked for $700K. OTCBTC had zero transparency. StormGain shut down overnight. These aren’t edge cases—they’re proof that security gaps exist everywhere. You can’t rely on brand names. You need to check: Is the token listed on major exchanges? Is the team anonymous? Does the website have HTTPS? Has anyone else reported issues? If it sounds too good to be true—free tokens, 1000% returns, exclusive access—it’s probably a scam.

What you’ll find below are real cases from 2025. Not theories. Not guesses. Actual scams that cost people money—and the exact signs you can use to avoid them next time.