The FBI has issued a public service announcement informing players in the crypto
market to keep their eyes peeled as fraudsters are doubling down on recovery
scams.
market to keep their eyes peeled as fraudsters are doubling down on recovery
scams.
Crypto scams have increased in scale and sophistication in recent years. Victims
reported losing more than $2.5 billion in cryptocurrency investment frauds in
2022 alone, according to the FBI Internet Crime Complaint Center (IC3).
The fed issued an initial warning [https://www.ic3.gov/Media/Y2023/PSA230811]
last year, drawing atte