Crypto scams exploit users’ lack of technical knowledge, FOMO, and decentralization's anonymity. Common types include phishing, rug pulls, Ponzi schemes, fake giveaways, and impersonation of influencers or support staff. Scammers often use social media, messaging apps, or fake websites to lure victims. Prevention strategies include using hardware wallets, enabling two-factor authentication, verifying official sources, and avoiding too-good-to-be-true offers. Authorities stress the importance of investor education, reporting fraud, and regulatory oversight. As crypto adoption grows, staying informed and cautious is key to protecting assets from evolving scam tactics in the digital financial ecosystem.