By Hera Rizwan According to a recent study by The Money Mongers, a collective of cryptocurrency enthusiasts and researchers, from 2011 to 2023, cryptocurrency scams have seen a jump of 1053 times, rising from $1.79 million to $1.89 billion. Cryptocurrency or the virtual decentralised currency, has revolutionised the financial world, attracting investors and enthusiasts from all walks of life. Nonetheless, as these digital assets gain more widespread appeal, opportunistic scammers have identified fresh avenues to deceive gullible individuals. Crypto investment frauds now pose a substantial worr…