Money-flipping scams and cryptocurrency investment scams are among the most common scams consumers may encounter on social media platforms such as TikTok. Just recently, the Better Business Bureau (BBB) issued an alert warning internet users about these cons.
Since 2020, the consumer protection agency said it received over 4,000 reports about investment scams, many involving cryptocurrency. While scammers used to rely on building trust over time through romance scams, they now use social media