US Federal Trade Commission Investigates Marketing Schemes of Crypto Firm Voyager

US Federal Trade Commission Investigates Marketing Schemes of Crypto Firm VoyagerAccording to a court document filed recently in the Voyager Digital bankruptcy case, the U.S. Federal Trade Commission (FTC) is investigating the marketing of the crypto firm. Like the U.S. Securities and Exchange Commission (SEC), the FTC has objected to Binance US purchasing Voyager’s assets. FTC’s Objection to Voyager’s Proposed Sale Plan Could Impact Bankruptcy […]

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US Regulator: Investors Reported Losing Over $1 Billion in Crypto to Scams Since 2021

US Regulator: Investors Reported Losing Over $1 Billion in Crypto to Scams Since 2021The U.S. Federal Trade Commission (FTC) has revealed that more than 46,000 people have reported losing over $1 billion in cryptocurrency to scams since the beginning of last year. FTC Says Scammers Stole Over $1 Billion in Crypto The U.S. Federal Trade Commission published a “Data Spotlight” report on crypto scams Friday. The FTC is […]

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FTC Warns of Romance Scams Luring People Into Bogus Cryptocurrency Investments

FTC Warns of Romance Scams Luring People Into Bogus Cryptocurrency InvestmentsThe U.S. Federal Trade Commission (FTC) has warned about romance scams using cryptocurrency. Scammers use romance as a hook to lure people into bogus investments, especially crypto, the federal agency explained. “2021 numbers are nearly five times those reported in 2020, and more than 25 times those reported in 2019,” said the FTC. FTC Warns […]

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US Federal Trade Commission Warns About Cryptocurrency Scams Using Social Media

US Federal Trade Commission Warns About Cryptocurrency Scams Using Social MediaThe U.S. Federal Trade Commission (FTC) has warned about social media being used in cryptocurrency investment scams. “Social media is a tool for scammers in investment scams, particularly those involving bogus cryptocurrency investments — an area that has seen a massive surge in reports,” said the FTC. Federal Trade Commission Warns of Crypto Scams Utilizing […]

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Study Shows Dogecoin, XRP Saw Largest Network Fee Increases Last Year

Study Shows Dogecoin, XRP Saw the Largest Network Fee Increases Last YearThere’s been a lot of action in the world of cryptocurrencies over the last 12 months and a myriad of metrics have changed. A recent report from forexsuggest.com shows that dogecoin fees saw the largest increase since January 1, 2021, jumping 4,230% in a year. Ethereum’s transaction fees were the most expensive at the end […]

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US Federal Trade Commission Warns Consumers About Falling for Crypto ATM Scam

US Federal Trade Commission Warns Consumers About Falling for Cryptocurrency ATM ScamThe U.S. Federal Trade Commission (FTC) has warned consumers about scams involving cryptocurrency ATMs. “There’s a new spin on scammers asking people to pay with cryptocurrency,” the FTC described. FTC’s Warning About Scams Involving Cryptocurrency ATMs The U.S. Federal Trade Commission (FTC) issued a scam alert involving cryptocurrency ATMs Monday. The consumer notice, posted by […]

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