According to Odaily, the Federal Trade Commission (FTC) of the United States issued a consumer alert on Monday, cautioning the public to be wary of cryptocurrency scams. The FTC emphasized that if individuals encounter people online offering assistance with cryptocurrency investments, it is likely a scam. The commission further added that these fraudsters promise high returns, claim there are no risks, and provide investment strategies. However, all investments carry inherent risks, and the so-called guaranteed returns are not credible. The FTC's warning serves as a reminder to the public to be vigilant when dealing with cryptocurrency investments and to be skeptical of promises of high returns with no risk.
FTC Issues Consumer Alert On Cryptocurrency Scams
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