In a world where innovation often blurs the line between opportunity and risk, many cryptocurrencies unfortunately lean towards the latter. The lack of regulation and oversight creates fertile ground for scams, with projects promising the moon but often delivering nothing. Pump-and-dump schemes, exit scams, and fake ICOs prey on uninformed investors. The decentralized nature, while a potential strength, also means there's little recourse for victims. Do your due diligence and be wary of projects that sound too good to be true.