The FTC Says Social Media Is Rife With Crypto Scams and Victims Are Losing Hundreds Of Millions Of Dollars
https://www.tubefilter.comIn 2021, people lost more than $1 billion to cryptocurrency scams. That’s more than 60 times what they reported losing in 2018, according to a new report from the Federal Trade Commission (FTC).
And almost half of that money? Was lost to scams that “started with an ad, post, or message on a social media platform,” the FTC says.
