FTC warns of 10X increase in Cryptocurrency Scams during past 12 months.

FTC to Consumers: Be Careful, Cryptocurrency Scams Are Booming | PCMag

FTC Data Shows Huge Spike in Cryptocurrency Investment Scams | Federal Trade Commission

Be careful with your Bitcoin investments. The number of people who’ve fallen for cryptocurrency scams has been skyrocketing, according to the US Federal Trade Commission.  On Monday, the FTC reported that consumers lost more than $80 million to cryptocurrency scams in the six-month period between October to March—right as Bitcoin’s value soared from $10,000 to over $57,000.