Exam CCAS Topic 1 Question 78 Discussion

Actual exam question for ACAMS's CCAS exam
Question #: 78
Topic #: 1
Which are common red flags that indicate fraudulent activity in a decentralized finance marketplace? (Select Two.)

Suggested Answer: A,C Vote an answer

Red flags include private sharing of NFTs without public trading (A), indicating potential lack of transparency, and new coins with untested protocols controlled by few wallets (C), signaling possible manipulation or fraud.
Tokens endorsed by celebrities with price increases (D) or active social media presence (E) are less directly indicative of fraud but require monitoring. Low social media presence with wide ownership and original whitepapers (B) is typically less suspicious.

by Montague at Aug 27, 2026, 08:30 PM

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