At times the result can start to resemble the Agatha Christie mystery classic Murder on the Orient Express: The who in this dunnit is somehow everyone. Grifters will grift. But like Maxamus, many marks actually expect to get snookered once in a while. Both sides, the swindler and the swindled, are in on this one. Elaborate social-media systems have sprung up to flag potential trouble, not only to avoid it but maybe even to profit from it.

The next big thing

Many who feel they’ve been ripped off just shrug. They chalk it up to the cost of doing crypto, the price of buying a lottery ticket that maybe just might hit that big jackpot.

Titan Maxamus says he’s still in the money, swindlers be damned. And he’s not giving up. He’s got anywhere from $US20 to $US1000 in dozens of different meme coins. (A recent pick, Blue Lighting, looks like it fell victim to a honeypot – more on that later).

“People have a fear of missing out on the next big thing, so…

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