
SCARS Institute’s Encyclopedia of Scams™ Published Continuously for 25 Years

Cryptocurrency Is Full Of Fraud
According to California State Regulators, the Following Cryptocurrency Businesses Should Be Avoided! They are Engaged in Pig Butchering Scams!
The following are the identified companies (or fake companies) involved in cryptocurrency fraud
Source: State of California, Department of Financial Protection and Innovation
NOTE: The scams listed are based on consumer complaints of cryptocurrency fraud to California DFPI. They represent descriptions of cryptocurrency fraud losses incurred in transactions that complainants have identified as part of a fraudulent or deceptive operation. The DFPI has not verified the losses reported by complainants. As new cryptocurrency fraud/scams emerge, the DFPI will update this list on an ongoing basis to alert and protect the public – to view the latest list click here.
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If you are a resident of California and want to file a complaint with the Department of Financial Protection & Innovation click here.
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