62.5% of crypto press releases linked to high-risk or scam projects
February 03, 2026, 2:19 PM
A total of 62.5% of press releases distributed within the cryptocurrency industry are associated with projects classified as either high-risk or fraudulent, Cointelegraph reported. The finding comes from an analysis by crypto communications firm Chainstory, which reviewed 2,893 press releases published between June and November 2025. Of the total, 35.6% were linked to high-risk projects, while 26.9% were connected to scams. Announcements regarding product or feature updates and new exchange listings accounted for 74% of these releases. The analysis also uncovered instances of projects promising unrealistic returns and plagiarizing their websites.
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