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Crypto: The World�s Greatest Scam.A cryptocurrency scam is a type of investment fraud. Learn how to spot a cryptocurrency scam & how to avoid cryptocurrency scams. Crypto scam: Inside the billion-dollar 'pig-butchering' industry Fraudulent crypto investment schemes directed from Asia known as �pig. Scammers are using some tried and true scam tactics � only now they're demanding payment in cryptocurrency. Investment scams are one of the top ways scammers.