And this abundance of opportunity, combined with a lack of regulation, creates an opening for cryptocurrency theft.

You are right and more factor is the anonymity of users.

In these schemes, someone will artificially hype a specific crypto coin,

I have myself been victim of this scam through telegram. Anyways it taught me a lesson .

that I'm a tech geek and always aware of any type of scams and fraud

Oh that's great .

Good luck