There’s been a massive spike in scams linked to digital currency. Since October, nearly 7,000 people have reported losses of more than $80 million.
Global Crypto Press Editors Note: If this sounds like a lot, it isn’t. Over 3 million scams are reported each year, costing over $3 billion. Phone and postal mail scams still outweigh online scams. Most common for years has been ‘imposter scams’ where someone pretends to be calling from the government or a well-known business, a romantic interest, or a family member with an emergency. Crypto is an extremely small portion of annual scams.
Video courtesy of NBC News
