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A sugar daddy digital currency scam is when a scammer pretends to be a wealthy "sugar daddy" offering you money, but instead, they trick you into sending them digital currency, personal info, or even investing in fake token development services. Here are some red flags to watch out for:
🚩 Too Good to Be True – They promise to send you a lot of money for no reason and without knowing much about you.
💰 Asks You to “Pay First” – They claim you need to send a small "fee" or “gift” before they send you money. Some scammers also claim they need funding for token development services and ask you to invest.
🔒 Wants Your digital Wallet Info – They ask for your digital wallet details or try to get you to share personal banking info.
💬 Quick to Move Off the App – They push you to chat on WhatsApp, Telegram, or Snapchat, where scams are harder to track.
⏳ Rushes You to Act Fast – They pressure you to send money or personal info quickly, claiming it’s urgent.
🙅 Refuses Video Calls or Proof – A real sugar daddy wouldn’t hide their identity. Scammers avoid video calls and send fake photos.
If someone offers you "free money" but asks you to send something first or invest in their Token Development Services, it’s a scam—always!
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