According to Odaily Planet Daily, the US Federal Trade Commission (FTC) issued a consumer alert on Friday to warn consumers about the surge in social media investment scams, especially cryptocurrencies. The FTC explained that scammers are increasingly targeting social media users on platforms such as Facebook, LinkedIn and Whatsapp for fraudulent investment opportunities, especially in cryptocurrencies. If you reply, the scammers will say they made a lot of money investing in Bitcoin or other cryptocurrencies. They can give you a special opportunity that guarantees a huge return with little or no risk. But these are lies designed to convince you and get your money.