Lesson 9: What hurry and secrets look like — Baskin Logic Crypto Academy

A scam here looks like hurry. A stranger who needs your seed phrase. A link that asks you to verify by typing the words.

No school, shop, or helper needs your seed phrase. Not in Cozumel. Not in Medellín. Not in Hyderabad. Not in Miami.

If someone promises a return, close the door. The school does not tell you what to buy.

Key terms

Crypto scams: Crypto scams are tricks that get people to send crypto or reveal their keys.
Pig butchering scam: A pig butchering scam is a long con where a stranger builds trust over weeks, often through a text, dating app or social media, then steers the victim into a fake crypto investment site.
Rug pull: A rug pull is a scam where the people behind a crypto project suddenly take the money and disappear.
Fake crypto apps: Fake crypto apps are apps or websites built to look like real wallets or exchanges so they can steal money or keys.
Reporting a crypto scam: Reporting a crypto scam means telling the authorities and the platforms involved.

Five questions from this lesson. Your score stays on this device.

Show the answers

Hurry. Scams push you to hurry, so you act before you think.
A scam. No real service asks you to type your seed phrase. That's a scam.
No one. No school, shop or helper needs your seed phrase.
Close the door. The FTC says only scammers guarantee profits or big returns.
ReportFraud.ftc.gov or ic3.gov. Report to the FTC at ReportFraud.ftc.gov or the FBI at ic3.gov. Real agencies don't charge to help.