Cryptocurrencies are a hot topic now, and the subject is creating plenty of buzz. And with good reason—the value of a virtual currency like Bitcoin, Ethereum, XRP, Tether etc. has been on the rise for quite some time. As with anything that is popular, especially when it comes to financial transactions, there are a lot of scams surrounding them. In this article, we will discuss 8 cryptocurrency fraudulent schemes businesses need to avoid. We will also talk about what they are, how to spot them and what to do if you fall victim to one.