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Financial Tip of the Week

Financial Tip of the Week

Spotting The FTC’s Most Reported Crypto Scams

By Andrew Rayo

If the cryptocurrency craze feels like a tempting way to make money, or you think you’re missing out, read on. Because, according to the FTC’s new data spotlight, scammers are banking on what you don’t know about cryptocurrency — or scammers’ tricks. And that could cost you serious money.

The FTC’s new data spotlight shows crypto is a common way for scammers to steal money, with over 46,000 people reporting losing more than a billion dollars in crypto to scams since the start of 2021.

Spotting The FTC’s Most Reported Crypto Scams

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