A recent study reveals that over 60% of cryptocurrency-related press releases focus on projects characterized by high risk or fraudulent nature. According to research firm NS3.AI, these releases often use unverified and misleading marketing content disguised as legitimate news, creating a false impression among investors that these projects are credible and trustworthy. News and press releases play a crucial role in influencing investor decisions in the crypto world. However, when such information involves deception or exaggeration, it can lead to significant financial losses for investors. These projects typically promise high returns but offer limited legal protections, making investments in such scams or schemes particularly dangerous. The lack of transparency and regulatory challenges in the cryptocurrency market further complicate investors’ access to accurate information. Against this backdrop, the study warns investors to critically evaluate press releases and avoid investing in any project without thorough research. Without effective regulation and increased transparency in the crypto industry, the number of high-risk projects may grow, potentially undermining overall market confidence. It is essential for investors to base their decisions on verified information and expert advice to avoid possible financial harm.
Source: binance
