Crypto scams

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Americans aged 60 plus lost over $1.6B to crypto scams in 2023, says FBI
Yahoo Finance· 2025-09-25 09:07
Common scams include fake initial coin offerings (ICOs), which entice victims to purchase worthless currencies, and fake digital wallets, where victims unknowingly provide private keys to criminals.Outside of professional help, another great defense against scammers is education. An FBI report showed that fraudulent investments (which caused over $6.57 billion in losses among all victims) and phishing or spoofing scams (an estimated $70.0 million in total financial loss) were most likely to fool victims in ...