The California Department of Financial Protection and Innovation has released a cryptocurrency scam glossary, which includes 24 types of scams such as RUG and Hacking

ChainCatcher news reports that cryptocurrency scams continue to pose an increasing threat to investors, with scammers using increasingly sophisticated methods to steal funds and personal information. To help the public identify and avoid these scams, the California Department of Financial Protection and Innovation (DFPI) has released a glossary containing 24 different types of cryptocurrency scams, highlighting the most common ways scammers deceive victims:

• Advance Fee Scams
• Affinity Scams
• AI Investment Scams
• Asset Recovery Scams
• Bait and Switch Scams
• Bitcoin Mining Scams
• Crypto Blackmail Scams
• Crypto Gaming Scams
• Crypto Job Scams
• Crypto Wallet Drainer Attacks
• Fraudulent Trading Platforms
• Hacking
• High-Yield Investment Programs
• Identity Theft
• Imposter Scams
• Investment Group Scams
• Liquidity Mining/Yield Farming Scams
• Crypto Giveaway/Airdrop Scams
• Pig Butchering Scams
• Ransomware
• Romance or Social Media Scams
• Rug Pull Scams
• Signal Selling Scams
• Tech Support Scams