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New tech, old scams: Don't fall for these crypto and NFT ripoffs
Yes, cryptocurrencies and non-fungible tokens are thrilling technologies — they're also fertile ground for scams.
Web3 products like non-fungible tokens and cryptocurrencies are already changing the world, a shift that blockchain evangelists say will revolutionize how the internet is constructed, how we bank and transfer money, how people pay for goods and even how we socialize in the nascent metaverse.
For now, most Americans couldn't care less. One reason? Rampant fraud.