Shwe Kokko scams: How to spot fake crypto projects and avoid losing money

When you hear about Shwe Kokko scams, a growing wave of fraudulent crypto projects pretending to be legitimate token sales or airdrops. Also known as fake crypto promotions, these scams often use flashy names, fake social media buzz, and false claims of big rewards to lure you in. They don’t offer real technology, real teams, or real value—just a quick way to steal your crypto or personal data.

These scams usually show up as fake airdrops, promises of free tokens tied to CoinMarketCap or other trusted platforms, but with no official backing. You’ll see posts saying, "Claim your Shwe Kokko tokens now!"—but if you check the official website, the team, or the blockchain transaction history, there’s nothing there. It’s a ghost. Just like the EXNCE crypto exchange or the vanished 2CRZ airdrop, these projects vanish after collecting wallets, private keys, or small deposits. They don’t care if you make money—they only care if you send them something first.

What makes these scams dangerous is how they copy real patterns. They use the same language as legit projects: "limited time," "exclusive access," "verified by CoinMarketCap." But real airdrops don’t ask for your seed phrase. Real exchanges don’t disappear overnight. And real teams don’t hide behind anonymous Telegram groups with 10,000 fake followers. Look at the Catalyx exchange collapse or the RBT Rabbit token with $0 volume—these are red flags you can learn to spot. If a project has no code on GitHub, no whitepaper, no history of development, and no way to verify its team—it’s not a project. It’s a trap.

Most of these scams target people new to crypto who trust names they see on trending lists. But the truth is simple: if it sounds too good to be true, it is. You don’t need to chase every new token. You just need to know how to walk away. The posts below show you exactly how these scams work, what real security looks like, and which projects actually deliver on their promises—so you never lose money to another fake airdrop again.

Myanmar Crypto Scam Networks: How $10 Billion in Fraud Operates Behind the Scenes

Over $10 billion was stolen from Americans in 2024 through crypto scams run from Myanmar’s Shwe Kokko region. These operations use romance fraud and forced labor, protected by armed militias. U.S. sanctions have targeted key players, but the threat is growing.

Tycho Bramwell | Nov, 26 2025 Read More