Crypto Scams & Ponzi Schemes
An eye-opening look at crypto’s biggest scams, from FTX to NFT rug pulls. This book reveals how billions were lost and what every investor needs to know to avoid falling for the next big fraud.
In this edition of Cyber Book Club, we’re diving into Crypto Scams & Ponzi Schemes by Nick C. Jackson, a must-read for anyone exploring digital assets. This book peels back the layers of hype surrounding crypto and exposes the devastating frauds that shook the industry from high-profile collapses like FTX and Celsius to influencer rug pulls and fake NFT projects.
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Jackson walks readers through some of the biggest financial implosions in crypto history, detailing how companies like Voyager, Three Arrows Capital, and Terra Luna unraveled, leaving billions in losses and broken trust behind. The book also sheds light on the rise of Ponzi-like investment schemes disguised as promising blockchain startups.
This isn’t just a recap of bad news. It’s an important warning, rich with insight for anyone involved in crypto whether you're a seasoned trader or new to the space. Jackson equips readers with the red flags to watch out for and the lessons to take forward.
What You Will Learn
The rise and fall of crypto giants like FTX, Genesis, and Alameda
How Ponzi schemes disguised themselves as legit investments
The manipulation behind NFT scams, ICO frauds, and rug pulls
How influencers and hype cycles contributed to massive losses
Key lessons for identifying risky projects and protecting your assets
Who This Book Is For
This book is ideal for:
Crypto investors and traders at any level
Financial skeptics and fraud examiners
Journalists, researchers, and digital asset analysts
Anyone curious about the risks behind crypto’s rapid growth
If you're navigating the crypto landscape, this book is your cautionary companion helping you invest smarter and avoid becoming the next victim.
Table of Contents (Highlights)
The Crypto Boom and the Illusion of Safety
FTX and Alameda: The Empire That Fell Overnight
Celsius, Voyager, and the False Promise of High Returns
Three Arrows Capital and the Domino Effect
Terra Luna and the Stablecoin Collapse
Ponzi Schemes Masquerading as Blockchain Innovation
NFT Scams, Influencer Rug Pulls, and False Scarcity
ICO Scams and Whitepaper Deception
Lessons Learned from Billions Lost
How to Protect Yourself in the Crypto Market
As the renowned cybersecurity expert, Amir Khan once said, "Security is not a product, but a process." This statement rings true in the realm of cryptocurrency, where proactive measures and expert assistance can make all the difference in recovering lost assets.
To anyone who has fallen victim to a crypto scam, I urge you not to lose hope. There are avenues for recovery, and assistance is available. I highly recommend reaching out to Fund Reclaim pros if you find yourself in a similar situation. They can be contacted through the following channels:
Email: FundReclaimpros@.protonmail.com
Telegram: reviva0
Whatsapp: +1 (701) 610 9081
Remember, you are not alone in this battle against crypto scams. Together, we can reclaim our lost assets and restore faith in the digital financial world.