Beware New Crypto App Scams: FBI Says Investors Have Lost Millions
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If you dabble in cryptocurrency, it's best to be extra vigilant if you receive a random message that purports to be from a trading app. Fake crypto app scams are proliferating, the FBI warns, and scammers are making off with millions.
A new report from the FBI said that 244 Americans have been robbed of an estimated $42.7 million by cybercrooks promoting fake crypto apps.
The agency is advising financial institutions as well as individual investors to be vigilant. They say crooks have had “increasing success” siphoning away unsuspecting investors’ cryptocurrency.
