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Federal Trade Commission Issues Public Warning Over Crypto Scams Run on Social Media

The US Federal Trade Commission (FTC) released its “Consumer Protection Data Spotlight” last week, cautioning the public from falling for crypto investment scams perpetrated via social media. FTC program analyst Emma Fletcher recently wrote: “More than 95,000 people reported about $770 million in losses to fraud initiated on social media platforms in 2021, adding that […]

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