Tag: Financial Technology
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FBI: More than $1 billion lost in cryptocurrency scams as popularity increases
Cryptocurrency scams are increasing, with about 46,000 people reporting they’ve lost more than $1 billion, the Denver office of the FBI warns. Recent trends commonly involve the cryptocurrencies Tether and USD Coin, according to a news release Thursday. The agency says in one common scenario, people are directed to set up investment accounts from social…