The cryptocurrency digital gold rush is attracting fraudsters who see a multibillion-dollar opportunity to scam and defraud investors. With very little regulation, protection for the average consumer is lacking for those who invest or transact in cryptocurrencies.
In this report we:
- Examine how cryptocurrency scams are evolving and expanding
- Provide detailed examples of the various cryptocurrency scams we detected
- Conclude with tips for cryptocurrency foundations and businesses, businesses in general, and individuals on how they can keep safe as cryptocurrency goes mainstream