Welcoin Scam: How to Spot Fake Crypto Projects and Avoid Losing Money

When people talk about the Welcoin scam, a fraudulent cryptocurrency project that disappeared after luring investors with fake promises of high returns. Also known as Welcoin fraud, it’s one of many crypto schemes designed to look legitimate until it’s too late. The creators promised users they’d earn massive profits just by holding Welcoin tokens. They used flashy websites, fake testimonials, and even paid influencers to spread the word. But within months, the token price crashed to zero, the website went dark, and the team vanished — leaving investors with nothing.

What makes the Welcoin scam dangerous isn’t just the loss of money — it’s how similar it looks to real projects. Many crypto scams follow the same playbook: zero real product, no code on GitHub, no team members you can verify, and a token that only trades on obscure exchanges. You’ll see the same red flags in other fake tokens like Landboard (LAND), a metaverse token with no users, no development, and zero trading volume, or KCCPAD, a poorly documented airdrop that vanished without a trace. These aren’t anomalies — they’re patterns. Scammers copy the same tactics because they work on people who don’t know what to look for.

Real crypto projects don’t need to hype themselves with promises of quick riches. They build tools, publish audits, and let their users speak for them. Look at Secret (SCRT), a privacy blockchain with active development and real use cases for encrypted smart contracts. Or Mantle Staked Ether (METH), a liquid staking token that lets you earn ETH rewards while keeping your assets usable. These projects don’t need to lie. They deliver value. The Welcoin scam and others like it? They rely entirely on deception.

You’ll find plenty of stories like this in the posts below — from fake airdrops that never paid out, to exchanges with no liquidity and no trust, to tokens that were nothing more than marketing illusions. Some of these projects pretended to be on CoinMarketCap. Others claimed to be backed by big names. None of them were real. But learning how to tell the difference can save you from losing your next investment. Below, you’ll see real cases of crypto fraud, how they were exposed, and what to watch for before you click "Invest Now".