Most cryptocurrencies are rife with scammy practices due to a lack of regulation and oversight, allowing malicious actors to exploit investors through pump-and-dump schemes, fake ICOs, and rug pulls. The anonymity of transactions can mask fraudulent activities, making it difficult for victims to seek justice. Additionally, the hype-driven market often prioritizes quick profits over sustainable development, attracting opportunists rather than innovators. Always approach with caution and do thorough research before investing.

totally agree! crypto can be a wild west sometimes. gotta be really careful & do ur homework. 🚀💸