Cryptocurrency Press Releases: How to Spot Fraud Among Them

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Analysis of recent research reveals a concerning trend in the information space of the cryptocurrency industry. More than half of current communications from projects contain signs of significant risk or outright intentions to deceive. This issue poses a serious threat to those trying to make informed investment decisions based on open information.

Most communications contain signs of risk

NS3.AI research showed that approximately 60% of press releases in the cryptocurrency sector are related to high-risk projects or outright scams. These are not just ordinary industry news but targeted communication campaigns aimed at attracting uneducated investors.

Mixing facts and marketing: a deception tactic

The main tactic used by unscrupulous projects involves covertly blending real data with clearly misleading marketing content. This creates an illusion of legitimacy and reliability, prompting people to make quick decisions. NS3.AI indicates that such a hybrid approach is highly effective in misleading an untrained investor audience.

Protection for investors: what to watch for

When reading press releases or news about cryptocurrency projects, it is critically important to verify sources of information. Look for independent audits, official registrations, and reviews from verified community members. It is extremely risky to make investment decisions based on one-sided information, especially when it concerns new or less-known projects.

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