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(Kitco News) - As anyone who has dabbled in the cryptocurrency market for any length of time can attest, learning to identify and navigate around scams is a necessary skill to develop in this fast-moving industry where investors are always seeking the next 100x token.
One of the most popular methods of trying to sucker unexpecting crypto investors is pumping the launch of a new token connected with a large company like Google or Facebook and trying to catch the FOMO (Fear of missing out) that ensues.
The most recent example currently making the rounds on social media and YouTube is one promoting the launch of Amazon Tokens, where malicious advertisements that imitate legitimate news sites post breaking stories about the world’s largest online retailer launching its own cryptocurrency.
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