The rise of cryptocurrency has also led to an increase in crypto scams, with scammers using social media platforms to infiltrate people's lives and steal their money. In 2023, the Federal Trade Commission reported that crypto scams lost Americans $1.41 billion over 47,537 fraud reports. This trend is alarming, and it's crucial to understand how to protect ourselves f...
The world of cryptocurrency is known for its unpredictability, but the latest developments involving Donald Trump's family take the cake. In a shocking turn of events, two Trump family members, Lara and Tiffany, had their Twitter accounts hacked, resulting in them posting links to scam crypto websites. But is this the first instance of the Trumps getting entangled in...
The FBI has released a report highlighting the alarming increase in crypto-investment scams, with Americans losing a staggering $5.6 billion in 2023. For the first six months of 2024, the agency received over 18,000 complaints, resulting in losses of more than $1.9 billion. The scammers' tactics are designed to build trust and confidence, often targeting the elderly ...
The FBI has issued a stark warning: fraudsters have swindled Americans out of a staggering $5.6 billion in the last year alone, with investment fraud being the top culprit. But what's behind these mind-boggling losses, and how can you protect yourself from falling prey to these scammers? The FBI received a whopping 70,000 complaints from victims of financial fraud i...