Wicked Crypto: Scams, Failures, and Risky Tokens You Must Avoid

When people talk about wicked crypto, cryptocurrency projects designed to look legitimate but built to fail or steal. Also known as rug pulls, it's not just bad investing—it's often outright fraud. These aren't speculative bets gone wrong. They're projects with no team, no code, no future—just hype and a fake website. And they're everywhere.

Look at the list below. You'll find tokens like Videocoin by Drakula (VIDEO), a copycat scam using a real project's name to trick investors, and WaterMinder (WMDR), a Solana token tied to a hydration app that doesn't exist. Then there are fake exchanges like Polyient Games DEX, a phantom platform that doesn't exist but lures traders with fake links. These aren't anomalies. They're the norm in the wild west of crypto. Even airdrops—once seen as free money—are now weapons. The SWAPP airdrop, a completely fake distribution with no real protocol behind it is just one example. Scammers know you're looking for free tokens. They give you a fake link, steal your wallet, and vanish.

It’s not just about tokens. Exchanges collapse, too. Altsbit, a small exchange wiped out by a 2020 hack that stole nearly everything, shows how quickly things can go dark. Others, like MM Finance on Cronos, a DeFi platform with zero users and no audits, are ghost towns with fake promises. Even countries play a role. In China, owning crypto is a legal gray zone—no protection, no recourse. In Myanmar, entire networks are tied to forced-labor scams. And in places like Portugal or Brazil, regulations shift overnight, turning safe habits into risky ones.

What ties all these together? A pattern: no transparency, no accountability, no future. You won’t find real teams, real audits, or real utility. Just hype, fake social media bots, and promises that evaporate the moment you send your crypto. The posts below don’t just warn you—they show you exactly how each scam works, who’s behind it, and how to avoid the next one. Whether you’re checking a new airdrop, a low-volume token, or a flashy exchange, you’ll find the truth here—no fluff, no sugarcoating. Just what you need to stay safe.