FTC says victims of crypto scams have lost more than $1 billion since 2021
Crypto investment scams were the most common type of scam reported to the FTC, accounting for an estimated $575 million in losses.
Normally these scams target“Investment scammers claim they can quickly and easily get huge returns for investors. But those crypto 'investments' go straight to a scammer’s wallet,”Romance scams also account for a large slice of reported scams, totaling $185 million in losses. Many of these scammers reach individuals by social media or
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