Definition ∞ Online deception refers to the use of misleading tactics and false information over the internet to trick individuals. In the digital asset realm, this commonly involves schemes like phishing, fake investment platforms, or impersonation scams designed to steal cryptocurrency or personal data. Perpetrators exploit trust and lack of technical understanding to defraud victims. These malicious activities pose a significant and ongoing threat to users in the decentralized financial space.
Context ∞ Online deception remains a pervasive challenge within the cryptocurrency industry, with new sophisticated schemes emerging regularly. Cybersecurity experts and regulatory bodies continuously work to educate the public on identifying and avoiding these fraudulent activities. News often features reports on major online scams and the preventative measures being developed to safeguard digital asset holders.
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