**Crypto Exchanges on Scam Patrol: Independent Reserve's Elderly Watchdog**
- **Eagle-Eyed Exchanges**: Crypto exchanges are stepping up their game to protect users from scams. Independent Reserve's CEO, Adrian Przelozny, reveals theyâre especially vigilant with older customers. đ§
- **Grandpa's Crypto Call**: If an 80-year-old tries to withdraw crypto, expect a call from the compliance team. Theyâre trained to ask the right questions and spot red flags.
- **Defensive Victims**: Sometimes, folks are so jazzed about a "great opportunity" they donât see the scam. The team wonât hesitate to freeze accounts if they smell trouble.
- **Scam Stats**: The Australian federal police report $269M lost to investment scams last year, with nearly half being crypto-related. Stay sharp, folks!
