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In this episode of Crypto Collective, host Matthew Fraser dives into the critical topic of scams in the cryptocurrency space, emphasizing the importance of awareness and self-custody. He highlights the notorious FTX collapse of 2022, discussing how the once-prominent exchange attracted massive investments only to fail spectacularly. Matthew shares vital lessons learned from this scandal, urging listeners not to keep all their crypto assets tied to a single exchange. He stresses the value of self-custody to protect personal investments. Join Matthew as he breaks down various sophisticated scams and equips you with the knowledge to navigate the often treacherous waters of cryptocurrency safely. Tune in to safeguard your investments and build real wealth!

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Timestamps:

00:00:00 - Introduction

00:00:10 - Rug pulls in cryptocurrency scams.

00:04:07 - Day-to-day internet scams.

00:08:35 - Fake cryptocurrency scams.

00:11:56 - Rug pulls in cryptocurrency scams.

00:15:21 - Bitcoin and crypto scams.