Cryptocurrency Scams Raised More Than $1 Billion In 14 Months In The U.S.

According to a study by the Federal Trade Commission in the USA, crypto users have lost more than a billion dollars in 14 months due to scams.

According to the analysis of the Federal Trade Commission, scammers January 2021-March 2022 in total within the range more than $1 billion he stole money.

Most of this money making false promises of investment got caught by scammers. In this time frame, these scammers $575 million considered to be collected.

One of the methods most used by scammers is investigation could be initiated against them. It was to say and get cryptocurrencies.

Young people are more likely to fall victim to cryptocurrency scams than older people. Cryptocurrency users aged 20-49 are more likely to be scammed compared to older people. three times more. But when older people fall victim to these scams, they are more likely to fall victim to these scams than younger people. they lose higher amounts of money.

Cryptocurrency scams are common, according to research from the Federal Trade Commission. via social media is happening.

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