Alert: Scams on the rise too!

I shared a post a while ago about weird advertisments on the social media with crazy APY reward claims.

As the market moves into new highs so does scams...

The pattern on the visual repeats - the red live box in the right corner. Maybe it's some kind of a bypass or a marketing move to FOMO.

I am aware that the majority of people in the crypto sphere are well off in terms of tech, but these ads are on the rise and they are running them because they are getting a positive ROAS (return on ad spend, people are falling for it).

Seems like social media, Web2 advertising conglomerate platforms either do not care or can't catch up on time.

I am reporting ads for what they are (fraud / scam) and so should you.