Cryptocurrency Scams and Security Concerns in the USA: What You Need to Know
Since the discovery of bitcoin and ethereum and knowing their high market value in the past decade or so, they have attracted many fake coins and hackers that are willing to dupe innocent investors. Cryptocurrencies have been associated with fraud and security issues that are widespread in the United States causing billions of dollars of losses to the users annually. In the following guide; You will discover the most widespread types of cryptocurrency frauds in the United States. You’ll identify the most essential security issues of exchanging and storing digital assets. In addition, you will get step-by-step recommendations on how to preserve one’s funds in the highly risky sphere of crypto trading. The Rise of Cryptocurrency Scams in America Cryptocurrency scams have exploded in the USA in recent years as digital currencies have entered the mainstream. According to the Federal Trade Commission (FTC) , Americans lost over $1 billion to crypto scams in 2021 alone, a staggering in