⚡ Important news from the world of cryptocurrencies! ⚡

📢 The Wisconsin Department of Financial Institutions has launched a scam tracker to protect investors from crypto and investment scams.

🔍 The tracker helps Wisconsin residents identify and avoid scams by providing detailed descriptions of deceptive practices based on consumer complaints.

📉 From January 2022 to June 2024, more than $3.5 million in losses were recorded due to financial scams and crypto scams such as “pork cutting.”

💡 The tracker includes a FAQ, glossary of terms and links to additional resources. This makes it harder for scammers to defraud investors.

🔒 DFI Secretary Sherrill Olson-Collins urges caution with investment offers, especially in cryptocurrency, and advises against giving money or access to financial accounts to strangers.

💬 Share your opinion in the comments! How do you protect yourself from cryptocurrency scams?

#Cryptocurrency#Security #Investments