This qualitative research examined public awareness of cryptocurrency scams through narrative analysis, identifying key knowledge gaps that contribute to victimization. Despite the increasing use of cryptocurrencies, many remain vulnerable due to limited understanding of the associated risks. The study, involving interviews with 10 participants from diverse backgrounds, explored the rise in scams, prevalent types, and the need for improved public education. Findings underscore the urgency for effective strategies to enhance awareness and protect investors, providing insights for developing educational tools and policies to prevent scams and improve investment safety.