BTG (Bitcoin Gold) is a Bitcoin-based cryptocurrency processed using standard GPUs rather than specialized ASICs. ASICs usually focus mining power in the hands of a few prominent companies, whereas GPU mining allows anybody to mine again, restoring decentralization and independence. Rather than going essentially to ASIC facility operators, GPU mining benefits go to people worldwide, restoring the interconnections that Bitcoin always had. Each day, thousands of new crypto assets are generated. There have been 5,760 of them in the process of writing this article. As a result, fraudsters will inevitably take advantage of the situation. This one is precisely what occurred in the case of Bitcoin Gold. This was a new crypto asset that went by Bitcoin Gold, a real business. This crypto-asset appeared to be authentic, but it was a scam. The scammers used a legitimate-looking site (mybtgwallet.co) to allow alternative customers to purchase Bitcoin gold wallets. The main difficulty was that they'd have to hand over their wallet credentials, which were used to secure their cryptocurrency accounts. Though this may also appear to be too worth a try and suspicious, that was enough to deceive many people. Scammers successfully obtained more than $3 million in Bitcoin through deception.