crypto scams News and Articles

A group of US Senate democrats wrote a letter to Meta CEO Mark Zuckerberg asking him about measures the social media companies led by him take to prevent crypto-related scams. Washington Post reports that Senators raised questions concerning crypto fraud stating that they are commonly seen on...

The Federal Trade Commission (FTC) issued a report on crypto scammers cashing in on the crypto craze. According to the analysis, Americans have lost over $1 bln to crypto scams since the beginning of 2021. Based on the reports, scammers widely use social media to realize their activities. Almost...