The US Secret Service will hold a Reddit AMA on crypto later today
and we have recovered millions in stolen funds. We want to share resources and tips on how to protect potential victims from cryptocurrency scammers,” the Reddit announcement said., a consumer is approached on social media by someone posing as a would-be friend, potential romantic interest, or an employee of a trusted financial institution.
As the conversation progresses, the scammer suggests that the victim invest or safeguard their crypto by depositing it on what appears to be a safe platform. Once the wallet is fully funded, the money and the scammer disappear. American consumers lose about $429 million each year to pig butchers.© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only.
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