The Crypto Trap That Locks Your Funds Forever

Key takeaways

• Honeypot scams lure investors with fake liquidity, price movement and hype, but the contracts are rigged to prevent exits, locking funds permanently.

• Modern honeypots include tampered cold wallets sold via platforms like TikTok, preloaded with private keys that scammers use to steal funds instantly.

• Variants like high sell tax honeypots and “honeypot-as-a-service” kits make it easier than ever for scammers to target even experienced users.

• Test-sell before committing funds, scan smart contracts, avoid sudden hype and always buy wallets…