As cryptocurrency activity surges, the prevalence of scams is also increasing, prompting warnings from experts and industry insiders. Individuals are advised to remain vigilant and question the legitimacy of crypto applications. Notably, fake wallet apps pose significant risks, as they can lead to immediate asset loss for users who install them. Scammers often use sophisticated tactics to mimic genuine applications, making it essential for users to learn how to identify these fraudulent schemes. Newcomers to the crypto space are encouraged to understand the security measures necessary to protect their assets and to familiarize themselves with the fundamentals of the industry to distinguish between legitimate projects and scams. The recent market trends, characterized by significant price increases, are also attracting scammers, raising concerns that the growing noise in the crypto space may lead to an uptick in fraudulent activities.