Key takeaways
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In 2024 and 2025, fake airdrop scams targeting Hamster Kombat, Wall Street Pepe and others led to millions in user losses, contributing to over $9.9 billion in global crypto scam damages.
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Fake airdrops impersonate legitimate projects, tricking users into revealing private keys, signing malicious contracts or paying upfront fees that lead to irreversible crypto theft.
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Warning signs include no official announcement, suspicious URLs, requests for private keys, grammar errors and unrealistic reward promises.
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Future airdrops are shifting toward…