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Everywhere you look there is someone who is trying to convince you to invest in cryptocurrency. Unfortunately, many of these promos are simply a scam. The Federal Trade Commission (FTC) recently reported that Americans have lost over $1 billion USD to cryptocurrency scams.
An FTC report noted that more than 46,000 people since early 2021
Source: Hot Hardware – Crypto Scams Skyrocket To B In Losses Since 2021 And These Are The Most Lucrative