Question 1

How does the crypto scam checker work?

Accepted Answer

The scam checker cross-references cryptocurrency addresses and URLs against multiple public scam databases including CryptoScamDB (6,000+ entries), Chainabuse (community-reported scams), and Bitcoin Abuse Database. It shows how many times an address has been reported, the scam type (ransomware, phishing, Ponzi, etc.), and a confidence score based on report volume and verification.

Question 2

Is a clean result a guarantee the address is safe?

Accepted Answer

No. A clean result means the address has not been reported in our databases, but it does NOT guarantee safety. Scammers create new addresses daily. Always do additional research: check transaction history on a blockchain explorer, verify the project/person, send a test transaction first, and be cautious of social engineering tactics.

Question 3

What should I do if the address is flagged as high-risk?

Accepted Answer

DO NOT send funds to a high-risk address. If you received a ransomware demand, do not pay - contact law enforcement and ransomware recovery specialists. If it's an investment opportunity, it's likely a scam. If someone is asking you to send to this address, they are trying to scam you. Report the incident to the relevant authorities.

Question 4

What are the most common crypto scams in 2025?

Accepted Answer

The top crypto scams are: (1) Pig Butchering - romance scams leading to fake investment platforms (38% of losses), (2) Phishing websites impersonating exchanges/wallets (24%), (3) Fake giveaways from celebrity impersonators (15%), (4) Rug pulls where developers drain liquidity (12%), and (5) Ponzi schemes promising guaranteed high returns (11%).

Question 5

How can I protect myself from crypto scams?

Accepted Answer

Best practices: (1) Use this scam checker before sending funds, (2) Never share private keys or seed phrases, (3) Verify URLs carefully - bookmark legitimate sites, (4) Send test transactions first, (5) Research projects thoroughly, (6) Be skeptical of guaranteed returns, (7) Use hardware wallets for large amounts, (8) Enable 2FA on all accounts, (9) Avoid clicking links in emails/DMs.

Question 6

What is pig butchering and how does it work?

Accepted Answer

Pig butchering is a romance scam where fraudsters build relationships on dating apps (Tinder, Bumble), move to WhatsApp/Telegram, then casually mention successful crypto investments. They eventually encourage you to invest on a fake exchange they control, showing fake profits to get you to invest more. When you try to withdraw, funds are gone. This is the #1 crypto scam type, responsible for 38% of losses.

Question 7

Can I report a scam address I encountered?

Accepted Answer

Yes! Reporting scams helps protect others. You can report to: CryptoScamDB (https://cryptoscamdb.org/report) for phishing sites, Chainabuse (https://chainabuse.com/report) for malicious addresses across chains, Bitcoin Abuse (https://bitcoinabuse.com/report) for Bitcoin ransomware/blackmail. Also report to FBI IC3 (https://ic3.gov) and FTC (https://reportfraud.ftc.gov) for US incidents.

Question 8

Why did $9.3 billion in crypto scams happen in the US in 2024?

Accepted Answer

Crypto scams surged due to: (1) Increased crypto adoption (more targets), (2) Sophisticated social engineering (pig butchering), (3) Anonymous transactions making recovery impossible, (4) Low barrier to creating scam tokens/websites, (5) Impersonation of celebrities and legitimate projects, (6) Lack of consumer protections vs. traditional banking. Education and tools like this scam checker are critical defenses.

Crypto Scam Checker Tool - Free Online

Identifying and Avoiding Cryptocurrency Scams

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Sources & References

FBI Internet Crime Complaint Center: Cryptocurrency Fraud Report

Federal Trade Commission: Cryptocurrency Scams