Justice Is On Its Way
If we look at the reports from FTC, it will detect that year by year, the amount of people losing money through scam cryptocurrency platforms is touching the sky. The fact is, when any marketplace is growing, it takes the attention of both investors and scammers as an opportunity to make money. In the case
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The “scam” itself is not a small word. It is something that can cause you to lose millions or even billions of dollars within seconds. In such an advanced world, you can expect fraudulent activities at every step. For example, since the crypto trading business took a boom, scammers have also shown how capable they
Read MoreAccording to FTC, Since 2021, 46000 people have lost over $1 million in crypto scams. The study says that most victims paid scammers in Bitcoin, Tether, and Ether. It also states that most of these scams were done through social media channels like Facebook. Instagram, WhatsApp, and Telegram. This has become a trend where fraudulent
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THE EXCHANGE BANK REVIEW According to Federal Trade Commission, consumers lost more than $5.8 billion to fraud, up from $3.4 billion in 2020. The agency received more than 2.8 million fraud reports in 2021, and 25% of those scams led to financial loss, with an average person losing $500. Fraud has ballooned during the Covid-19
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