Bitcoin fraud encompasses a myriad of deceptive practices aimed at exploiting vulnerabilities within the cryptocurrency ecosystem. From phishing attacks and Ponzi schemes to fake ICOs and malware-infected wallets, fraudsters employ various tactics to defraud unsuspecting investors of their hard-earned Bitcoins. The decentralized and pseudonymous nature of Bitcoin transactions makes it an attractive target for cybercriminals, who capitalize on the anonymity afforded by the blockchain technology.
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