Scam/Fake Offering Creation + Ponzi Scheme Creation

Scammers create scam projects promising high gains (e.g. DeFi100 scam, see https://finance.yahoo.com/news/people-behind-crypto-protocol-defi100-231952405.html) or hack into accounts of celebrities or influencers to post stories like “I will double any amount you send”.

Sub techniques (3)

ID	Name
R08	Scam story identification
RD10	Create a credible storyline
IA11	Account takeover

Mitigations

ID	Mitigation	Description
M04	Collect information on new projects	Investors should collect as much information about a project as possible before investing.