An Exit Scam refers to a fraudulent scheme where a team behind project disappears with investors’ funds after building up trust and accumulating a substantial amount of capital.

Exit scams usually involve anonymous teams and promises of unrealistic returns, and although it is common that early adopters are able to realize some profits, these will be eventually be wiped out if they remain unrealized.

Notable cases of exit scams include BitConnect, OneCoin, Confido, LoopX, Yfdex, and many more.