Growth of cryptocurrency brings increase in investment scams

Washington, D.C. (May 25, 2021) -- Cryptocurrency investment scams rose sharply in the first half of fiscal year 2021, the Federal Trade Commission said last week, with almost 7,000 consumers reporting more than $80 million in losses. That was 12 times the number of complaints for the same period a year before and 10 times the monetary loss, the agency said....

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