An exit scam is a fraudulent scheme in which a cryptocurrency project raises funds to fund development and growth, and then the organizers simply disappear with the investors' money. Typically, such projects claim to be developing a cryptocurrency with global goals, the next "killer" of Bitcoin or Ethereum.
To avoid falling for scammers, find out as much as possible about the project development team, including whether they are real people (for this you can do a photo search). Study their previous jobs, activity in social networks, not forgetting that the number of subscribers can be increased. Analyze how realistic the prices stated by the project are. Study the partners or major investors of the project.
If the received data makes you anxious, refuse to invest, this will save your money.
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