"Bitcoin (BTC), Be Cautious of Asset Scams During Bull Market"

Source
JH Kim

Summary

  • CNBC warned that Bitcoin (BTC) investors should be cautious of asset scams.
  • Eva Velasquez emphasized that investors can be manipulated by psychological factors like FOMO.
  • According to the FBI's announcement, damages from asset scams are estimated to reach $5.6 billion.

On the 29th (local time), the U.S. economic media CNBC reported that "Bitcoin (BTC) investors should be cautious of asset scams (cryptocurrency fraud) during a bull market." Eva Velasquez, CEO of the U.S. non-profit organization 'Identity Theft Resource Center (ITRC)', pointed out that "in the Bitcoin bull market, FOMO (Fear of Missing Out) can arise, and scammers exploit this to create confusion and trick others into losing money." She further explained, "Particular attention should be paid to investment scams that impersonate famous figures like Elon Musk or Mark Zuckerberg, and scams that lure victims into investing after gaining their trust, such as the 'Pig Butchering Scam'." Meanwhile, the U.S. Federal Bureau of Investigation (FBI) announced that last year, they received over 69,000 reports related to asset scams, with estimated damages amounting to $5.6 billion.

publisher img

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
hot_people_entry_banner in news detail bottom articles
hot_people_entry_banner in news detail mobile bottom articles
What did you think of the article you just read?




PiCK News

Trending News