scamcoin scheme
- noun
- NSFW
:
esquema de scamcoin
- The investors lost thousands of dollars in a scamcoin scheme that promised guaranteed returns.
Examples
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The latest scamcoin scheme has defrauded thousands of investors.
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New regulations aim to target those behind complex scamcoin schemes in the cryptocurrency market.
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Before investing, always check to avoid falling victim to a scamcoin scheme.
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Many people fell victim to a scamcoin scheme last year.
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Many unsuspecting investors lost their savings to a scamcoin scheme that falsely claimed to be legitimate.
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Authorities are actively investigating a fraudulent scamcoin scheme that promises high returns on investments.
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To protect yourself, research any cryptocurrency offer thoroughly to avoid a potential scamcoin scheme.
Synonyms
294
3.0
A dishonest plan to get money by tricking people
11
4.3
A plan that pays early investors with money from later investors instead of real profits
10
8.5
A dishonest plan where people pay to join and only earn money by recruiting others, not by selling things
1
6.3
An illegal plan to get money by tricking people
Surface Forms
Morphology
scamcoin + scheme
Although 'scamcoin' is not listed in the dictionary entry, it is transparently analyzable as scam + coin (a fraudulent or fake cryptocurrency), and 'scheme' denotes an organized plan or enterprise. A B1 learner who knows the constituent meanings ('scam' and 'coin', plus 'scheme') can reliably infer that 'scamcoin scheme' refers to a fraudulent cryptocurrency operation, so the expression is compositional and predictable.
Etymology
Scamcoin scheme joins scam (a trick), coin (a new digital money) and scheme (a planned trick) to create a picture of shiny online coins sold by smooth people who promise big gains but then take the money and disappear. That's why it means 'a fraud involving fake digital money'.