Modern crypto fraudsters are spending less and less time trying to bypass the complex protection mechanisms of blockchains or cracking the codes of crypto wallets. Instead, they focus on a much more vulnerable target: the human being. This method is called social engineering, and its essence lies in manipulating our most basic emotions: greed, fear, trust, and the feeling of missed opportunity. Almost any such fraud scenario develops according to the same classic scheme of four stages: first, the perpetrator gains your trust, then artificially creates a sense of acute time pressure, offers a profit that is hard to refuse, and finally pushes for action — until the emotions settle down.
According to Binance Research, one of the most common methods currently starts with a polite
