The BBB says 'Cryptocurrency scams rose from seventh riskiest in 2020 to the second riskiest scam in 2021.' crypto bitcoin $BTC
Better Business Bureau Warns About Cryptocurrency — BBB Ranks Crypto Scams Second Riskiest
Founded in 1912, the BBB is a private, nonprofit organization focused on advancing marketplace trust, its website details.Cryptocurrency scams rose from seventh riskiest in 2020 to the second riskiest scam in 2021. “We received many reports of people being targeted on a variety of social media platforms by scammers offering to help them invest in bitcoin,” the BBB revealed, elaborating:“Scammers shift their tactics constantly and appear to have expanded their use of cryptocurrency to perpetrate fraud,” said Melissa Lanning Trumpower, executive director of the BBB Institute for Marketplace Trust, which produced the report.
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