Crypto scams cost over $80M in Q1 2021 amid cryptocurrency popularity surge. Stay informed and be vigilant to protect yourself from crypto cybercrimes. Expert investigators offer tips to avoid cryptocurrency scams.
Be cautious of unsolicited offers and too-good-to-be-true investments.
Watch out for unsolicited offers and unrealistic returns when investing in cryptocurrency. Scammers use enticing language to lure investors. Invest in reputable and recommended cryptocurrencies only.
Verify the legitimacy of the cryptocurrency and the company behind it.
Research the legitimacy and company behind a cryptocurrency before investment. Look for reviews, news articles, and social media posts. No website or social media? Red flag.
Protect your personal information and cryptocurrency assets
Protect personal info and crypto assets with strong passwords and 2FA. Don’t share login details or personal info. Beware of phishing emails and texts.
Report any suspected scams or fraud to the appropriate authorities.
Report a cryptocurrency scam to authorities like the FTC or Cybercrime Reporting Portal. Seek help from recovery investigators to get back lost funds and with legal proceedings. Protecting from cryptocurrency scams requires vigilance, research, and caution. Follow these tips to safeguard investments and personal information from crypto cybercrimes.
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