With more than 400,000 crypto scams created in 2020, increase of 75% predicted for 2021

Read the original article: With more than 400,000 crypto scams created in 2020, increase of 75% predicted for 2021


The findings of a Bolster report, along with real life examples, clearly correlate the rise in crypto scams to the value and popularity of cryptocurrencies as well as the increase in individuals seeking financial assistance during the COVID-19 pandemic. With more than 400,000 crypto scams created in 2020, there was a 40 percent increase compared to 2019. An increase of 75 percent is prediced in 2021, based on current levels of suspicious activity that often … More

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Read the original article: With more than 400,000 crypto scams created in 2020, increase of 75% predicted for 2021