Cryptocurrency is the hot new trend in investing, and much is still not understood about this buzzy, volatile digital payment system that does not rely on banks to verify transactions.
This has created a fertile environment for scammers to jump on, according to a new in-depth investigative study by the Better Business Bureau.
Not only were the massive dollar amounts and stories being told by people who were affected by cryptocurrency scams worth looking into, the 2021 BBB Risk Report found that cryptocurrency related scams jumped from the seventh riskiest to the second riskiest.
Go to: BBB.org/cryptoscams for the full report.
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