🚨 Recognize Common Crypto Scams
Cryptocurrency scams are becoming increasingly sophisticated. Be aware of these common schemes:
- Romance Scams: Someone you met online (dating app, social media) builds a relationship with you and eventually asks you to invest in crypto or send crypto to them. They may claim to need help with medical bills, travel, or investments.
- Pig Butchering: A long-term manipulation scheme where scammers build trust over weeks or months, then convince you to invest in a fake crypto platform. They may show you fake profits to encourage larger deposits before disappearing with your money.
- Fake Investment Managers: Unsolicited contacts claiming they can multiply your money through crypto trading. They often show fabricated screenshots of "guaranteed returns" or claim insider knowledge.
- Impersonation Scams: Scammers posing as government officials, law enforcement, IRS agents, or well-known companies claiming you owe money and must pay in cryptocurrency to avoid arrest or penalties.
- "Recovery" Scams: After losing money to a scam, victims are often targeted again by people claiming they can recover the lost funds — for an upfront fee in crypto. This is always a second scam.
⚠️ Warning Signs
If someone told you to buy crypto and send it to them — STOP.
No legitimate business, government agency, or romantic partner will ever ask you to buy cryptocurrency as a form of payment.
Watch for these red flags:
- Someone you've never met in person asks you to buy or send cryptocurrency
- You're promised guaranteed returns or "risk-free" profits
- You're pressured to act immediately — "the opportunity expires today"
- You're told to keep the transaction secret from family or friends
- Someone claims to be from the government and demands payment in crypto
- You're asked to share your screen while making a transaction
- An "investment platform" won't let you withdraw your funds without additional deposits
🛡️ Americas Best Coins Will NEVER:
- Ask you to send cryptocurrency as payment for a prize, sweepstakes, or government debt
- Contact you unsolicited via phone, text, or social media asking for payment
- Ask for your wallet seed phrase, private keys, or passwords
- Pressure you to complete a transaction immediately or face penalties
- Ask you to install remote access software on your device
- Guarantee investment returns or promise risk-free profits
📞 If You Suspect Fraud
If you believe you are being scammed or have been the victim of fraud, take these steps immediately:
- Stop the transaction immediately. Do not send any additional funds.
- Email our Fraud Team: support@americasbestcoins.com
- Do not delete any messages or communications with the suspected scammer — these may be needed as evidence.
- Report to the FTC: reportfraud.ftc.gov
- Report to IC3: ic3.gov (FBI's Internet Crime Complaint Center)
- Contact your bank or payment provider to report the fraudulent transaction.
🏛️ FinCEN SAR Obligations
As a federally registered Money Services Business (FinCEN Registration #31000271222452), Americas Best Coins LLC is required to file Suspicious Activity Reports (SARs) with FinCEN when we detect or suspect transactions that may involve fraud, money laundering, terrorist financing, or other illegal activity. We take this obligation seriously and actively monitor transactions to protect our customers and the financial system.
If we identify suspicious activity related to your account, we may be required to freeze the transaction, request additional information, or report the activity to appropriate authorities. We are prohibited by law from disclosing the existence of a SAR filing to the subject of the report.
📚 Resources & Reporting
If you or someone you know has been affected by a crypto scam, these organizations can help:
When in doubt — call us first.
Our team is trained to help you identify potential scams. If something feels wrong, trust your instincts and reach out before making any transaction.
Contact Our Team