Bitcoin scammer list 2022 – most famous BTC scams

Regardless of the shocking worth of taken digital currency, not all things are about money. There were various digital currency tricks and cheats in 2021 and 2022. Indeed, critical sums were piped through the obscure schemes and cons you can read about from our bitcoin scammer list 2022. The daringness and imagination of these cheats and hacks, executed by people who can snatch six figures worth of taken digital currency, are worth mentioning from time to time. 

Criminal abuse in the digital currency sector makes gigantic obstructions to proceeding with a reception of cryptos and elevates the probability of limitations being forced by state-run administrations. In this article, we’ll point out various kinds of cybercriminals and also update you on the recent bitcoin scams, notably in 2022. 

Thus, here is the precise digital currency and Bitcoin scammer list 2022.

Axie Infinity’s $615 Million worth scam

The first on our bitcoin scammer list 2022 is Axie Infinity given the stolen amount of digital currencies. 

As you may already know, Axe Infinity is a play to earn game and one of the most popular metaverse games. It’s one of the most used cryptocurrency games these days. So what kind of a scam happened? 

In March 2022, crypto scammers discovered a glitch in the Ronin blockchain on which the game is based. It cost users $650 million since hackers exploited the system for several months. 

Axie Infinity gathered some $125 million to repay the stolen funds. Likely, subscribers won’t get their money back soon. The US authorities blame North Korea for the attack, but these are just presumptions. 

Axie Infinity is a play to earn game that requires players to purchase costly NFTs to participate in the game. Those who cannot buy NFTs must split their gains with other users who then give them out their NFTs.The game is particularly popular among Philippine NFT enthusiasts. 

Ukrainian Rug Pull

bitcoin scammer list 2022: Ukrainian Rug Pull

The second on our bitcoin scammer list 2022 is Ukranian rug pull. What was it all about? Following Russia’s attacks in February 2022, the Ukrainian government quickly accepted cryptocurrency donations to profit from the crypto business’ tremendous assets.

Following Ukraine’s launch of an airdrop on the Ethereum blockchain, a surge of digital money started to pour in, including ETH, BTCC, and USDT, and that’s just the beginning. An airdrop is just when proprietors of digital money wallets get free awards, now and again, as a cryptocurrency or non-fungible tokens. According to Ukraine, they sent a “reward” to contributors for their endeavors.

Only days after the airdrops launch, Ukraine canceled the project. A few contributors who needed these benefits yelled, “scam.” What’s more, this is appropriately named a rug pull. 

A quick reminder: A particularly popular example of rug pull was crypto called “Squidcoin,” whose price went up tenfold at the start of the hit Netflix series “Squid Game” before seeing a collapse a few days after its creation.

Seth Green’s Bored Ape was stolen.

Seth Green has been really unlucky lately. A few days ago, the American actor revealed that four of his precious non-fungible tokens (NFTs) had been stolen, including a Bored Ape. But the problem goes beyond this simple theft of NFT Bored Ape #8398. Indeed, this unique character was to play an important role in a new TV series.

Seth Green was targeted while attempting to hit a GutterCat clone NFT. Unfortunately, the actor had inadvertently used a fraudulent site that emptied his wallet. And insofar as he no longer has ownership of his Bored Ape, the question arises: its new owner could sue the American actor, even though the latter is the victim of a theft.

OpenSea has taken steps to ensure that these stolen NFTs cannot be listed and resold on its platform, but this does not prevent the items from changing hands elsewhere.

BBC Duped by supporting Cryptocurrency Fraudster allegedly

BBC was recently in a very uncomfortable situation of being accused of supporting the allegedly crypto scam. Taken with the interesting story, they didn’t take the time to conduct in-depth research on the individual in question. 

The latter was amassing a fortune through quick profits thanks to fraudulent cryptocurrency activities. In February 2022, the BBC published an interview featuring Hanad Hassan, a so-called crypto investor from Birmingham. Hanad put in a meager sum of £50 and turned it into a million in just a year. 

And he intended to invest his money for the sake of the local community benefits. For that purpose, he created Orfano, a charity token. After a while, the Orfano ceased all activities and disappeared with gathered investments. 

The most common types of bitcoin and cryptocurrency scams in 2022


There are many forms of crypto scams. Here we list the most common ones in 2022, but scammers are inventing new ones every day. So be on your guard!

Man in the Middle Attack 

A man-in-the-middle attack refers to a model of cyberattack in which a cybercriminal physically or logically installs a controlled system between the victim’s system and an Internet resource they are using. The attacker’s goal is to intercept, read, or manipulate any communication between the victim and their resource without being noticed.

Romance scams

While discussing the cryptographic money and Bitcoin scam list 2022, digital currency scams are not unusual on dating applications. Commonly significant distance and solely on the web, these cheats comprise relationships for which one side requires some investment to procure the other’s trust. In the long run, one party starts to convince the other to acknowledge or pay with a specific digital currency. After acquiring the requested sum, the fraudster vanishes.

Phishing scams

Despite the fact that phishing plans have existed for quite a while, they stay common. Scammers send messages containing malware or viruses to false sites trying to gain access to sensitive data, for example, crypto wallet private keys. These are some common Bitcoin cheats.

Online payments with cryptocurrencies

Identify market

You want to buy something via a classifieds site or a web shop. The advertiser asks you to pay with cryptocurrencies. He also offers you a link to this effect. 

The purchased item is never delivered to you, and you can no longer reach the person from this company. And so, you lost your money. Be aware that with cryptocurrencies, you never have the possibility of recovering your money. 

On the other hand, for your purchases made by credit card, bank card, or PayPal, you are insured against certain risks, including, among others, non-delivery.

Crypto exchange platforms

Several cryptocurrency investment platforms have emerged in recent months on the internet. Behind these platforms, scammers often hide. 

They always operate the same way: they try to convince you to invest in their trading platform by announcing incredible returns. 

And you don’t have to have any experience in investments: they are there to supervise beginners as well as experienced investors. It’s open to everyone! You can make your trades in the blink of an eye and with confidence…

Until the moment when you want to cash out your winnings, there, you won’t be able to get your money back or your so-called “profit” back, and you’ll never hear from the platform you placed your money on again.

Sports bets with cryptocurrencies

 You are invited to bet on a sports match. You deposit the money, and you see your return appear on your virtual crypto account… but then you never manage to collect your winnings. And impossible to reach your interlocutor. 

A few months later, you even realize that the website or platform on which you invested your money is temporarily no longer available and/or that another replaced it. In reality, the managers of this platform have flown away with your money.

Wallet-type fraud: you can compare it to fake invoices. You deposit money on a site, but in fact, you are unknowingly redirected to another address, and your money disappears. Sometimes there is only a small difference in the way the link to the wallet is transcribed. You may also be confronted with a fake wallet, fake because it does not exist.

How do scammers use cryptocurrencies to set their traps?

Steve Wozniak sued YouTube and Google over crypto scams

The price of a digital currency can rise very quickly but also fall dramatically. Scammers take advantage of this to operate abusively with cryptocurrencies because consumers cannot easily control the prices themselves.

 Once you have invested in cryptocurrencies and made a payment, you can no longer recover it. If your stake is in a crypto wallet, you must ask the agreement for the manager to be reimbursed. It is not certain that you actually are. Until the money is in your bank account again, you have won nothing.

Sometimes scammers promise you that your digital asset will double in value. They call it the “flipping scam.” Don’t be seduced by empty promises. If it’s too good to be true, it’s not.

The internet environment in which transactions take place involves risks: the platform or your virtual wallet can be hacked, and you can lose everything. Your cryptocurrencies can also be stolen if viruses, Trojans, or malware infect your computer.

Bitcoin scammer list 2022 – Final Thoughts

Digital money exchanges connected to crime hit another record in 2021 and have almost multiplied year on year despite the fact that their portion is shrinking in a developing business sector.

In 2021 there were 14 billion USD that went through addresses connected to criminal operations, against 7.8 billion USD in 2020, gauges the investigation company Chainalysis.

In June, the American authorities had thus directly recovered the equivalent of 2.3 million dollars in bitcoin out of the 4.4 million that the oil company Colonial Pipeline had paid to hackers.

But these data don’t recount the entire story. The utilization of digital money has developed at an unprecedented rate.

Also, the firm working in the investigation of blockchain exchanges, the technology supporting bitcoin, and also many other cryptos on the market consequently assesses that unlawful exchanges presently address just 0.15 percent of absolute digital currency use.

However, regulators are increasingly looking into the cryptocurrency market, which the US market watchdog has repeatedly called the “Wild West.” “An encouraging development in the fight against cryptocurrency crime is the growing ability of law enforcement to directly seize illegally obtained assets. Internet crime complaint center IC3 in collaboration with the FBI is at the forefront of fighting against cryptocurrency scammers in the USA. 

Crypto scams occur from time to time, creating a bad reputation for the cryptocurrency sector. Despite all these adversities, the market thrives and stays the one with the most opportunities for modern investors. 

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