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jumanji0881

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jumanji0881

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Monday, 06/06/2022 12:06:16 PM

Monday, June 06, 2022 12:06:16 PM

Post# of 37919
Buyer beware -

My Comment: Risky business

Scammers bring in over $1 billion in crypto craze — FTC report https://www.kitco.com/news/2022-06-06/Scammers-bring-in-over-1-billion-in-crypto-craze-FTC-report.html

Excerpt:
Investing in crypto is risky enough, but scams in the space are also rising, with the Federal Trade Commission (FTC) reporting that since 2021 more than 46,000 people have lost over $1 billion in crypto scams. This is more than any other payment method.

"That's about one out of every four dollars reported lost," the FTC said in the report published on Friday. "The median individual reported loss? A whopping $2,600."
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