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Elon Musk Impersonators Rake in $2 Million: Regulator Warns of Fake Giveaway Cryptocurrency Scams

Technology Manias – EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

The U.S. Federal Trade Commission (FTC) says reports of cryptocurrency scams have skyrocketed. In particular, people have reported sending more than $2 million in cryptocurrency to Elon Musk impersonators within the past six months. Elon Musk Impersonators and Other Cryptocurrency Scams The FTC published “Consumer Protection Data Spotlight” Monday. FTC analyst Emma Fletcher wrote, “Reports to the FTC’s Consumer Sentinel suggest scammers are cashing in on the buzz around cryptocurrency and luring people into bogus investment opportunities in record numbers.” She elaborated: Since October 2020, reports have skyrocketed, with nearly…

The post Elon Musk Impersonators Rake in $2 Million: Regulator Warns of Fake Giveaway Cryptocurrency Scams appeared first on Technology Manias.

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