In the world of cryptocurrencies, innovation and opportunity often go hand in hand with deception. Many cryptos promise sky-high returns and revolutionary tech but lack transparency, real utility, or legitimate backing. Unregulated markets attract bad actors who exploit hype and prey on uninformed investors. Pump-and-dump schemes, fake ICOs, and rug pulls are rampant, leaving many with empty wallets. Always research thoroughly, understand the tech, and be cautious of projects that seem too good to be true.