Subscribe Our Newsletter
Crypto SCAM ALERT! WhatsApp, Instagram, Facebook users BEWARE! 46,000 people defrauded already
1319
Aug 22, 2023
Users of WhatsApp, Facebook and Instagram are being warned of new crypto scams that are rampaging on these social media platforms causing immense losses to users.
A new study has revealed that cryptocurrency scams have cost victims almost £800million in total since the start of 2021, with the average sum stolen being nearly £2,000.
According to express.co.uk, the most common type of scam is cryptocurrency investment hoax where cybercriminals cheat consumers with hoax crypto investment schemes. Instagram is the most targeted app followed by Facebook and WhatsApp, According to the US Federal Trade Commission. It is reported that between 2021 and 2022, more than 46,000 people were victims of cryptocurrency scams.
According to the US FTC, \"Investment scammers claim they can quickly and easily get huge returns for investors. But those crypto 'investments' go straight to a scammer’s wallet. People report that investment websites and apps let them track the growth of their crypto, but it’s all fake.”US FTC officials have advised people not to fall for these crypto scams. You shouldn’t believe anyone who’s claiming to be making profits through crypto.
Source: https://tech.hindustantimes.com/tech/news/crypto-scam-alert
Trending News
Subscribe Our Newsletter
Trending Insights.
Explore More Insights
Top DeFi Staking Platforms in 2025
Examine the top DeFi staking platforms offering high yields, security, and passive income opportunit...
Read More...Trending News.
Explore More News
Book A Free Consultation
Contact us to avail the best services for DeFi, NFT, Cryptocurrency & Token Development, NFT Marketplace Clone Scripts as per your requirements!
Talk To Our Experts
Enquire Now!
Share your Idea with Our Experts & Get a FREE Consultation!
Security Tokenizer is a Top-Notch Crypto and Blockchain Development Company with a team of 350+ Expert developers who delivering the High-End solutions for Token,Cryptocurrency, Crypto Exchange, Web3, NFT, Metaverse, Defi, DAO successful Projects, and so on. We Provides end-to-end Blockchain services & solutions for Global clients to get a High ROI for their Crypto Buisness.
Copyright 2024 @ securitytokenizer All Rights Reserved
Hi! I'm STO AI, Can I help you with anything
today? 🤖
