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A common way for a new user to lose money from cryptocurrencies is not the decreasing price but to fall victim to cyber fraud. Many people fall into the trap of trusting illegal companies and strangers who promise some form of easy or quick profit. Frauds with wallet interaction can be done in various ways and our aim is to introduce you to some of the most "common" frauds. Read the most common cryptocurrency frauds in this article by Frida Ghitis, who has published a book on Bitcoin.