In a world where decentralization promises freedom, many cryptocurrencies become breeding grounds for scams. Lack of regulation allows bad actors to exploit investors with promises of unrealistic returns. Pump-and-dump schemes, rug pulls, & fraudulent ICOs prey on the uninformed. The anonymity of blockchain technology adds another layer of complexity, making it hard to trace perpetrators. While blockchain holds potential, due diligence is critical. Always research and question before investing in crypto projects to avoid the pitfalls of a largely unregulated market. 🧐💡