Common Crypto Scams and How To Protect Yourself in the Digital Age
Cryptocurrency is hugely popular. The promise of being part of a cutting-edge technology and potentially reaping significant benefits has drawn even tech-averse customers. Unfortunately, along with the rapid rise in interest in crypto has come an increase in related scams and fraud. According to the FBI, losses related to crypto fraud surged by 45% year-over-year to $5.6 billion in 2023, based on 69,000 complaints from the public that year.
Potential crypto enthusiasts eager to explore the space but hesitant because of the risks of scams should take heart: there are many ways to protect oneself in the digital age. This guide will share some of the most common cryptocurrency scams to raise awareness. Readers should leave with a…
