Cryptocurrency Scams Rise 500% In 2020

Cryptocurrency Scams Rise 500% In 2020 A SCARS Scam Warning Cryptocurrency Investment Scam Reports At Record Level: The Facts That Suggest Caution Since October 2020, consumers have reported losing more than $80 million to cryptocurrency investment scams, an increase of more than ten-fold year-over-year, according to a new data analysis from the Federal Trade Commission. The FTC notes that cryptocurrency investment scams take on a variety of forms, [...]