๐Ÿ“Š As Bitcoin reaches new heights, the FBI's Baltimore division has observed a significant increase in cryptocurrency scams. ๐Ÿšจ Special Agent David Paniwozik warns that many criminals are exploiting the unfamiliarity of investors with this technology to make quick profits. ๐Ÿ’ธ

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๐Ÿคฅ SCAMMERS' TACTICS:

- Creating fake cryptocurrency exchanges ๐Ÿ“Š

- Convincing victims that their investments are growing exponentially ๐Ÿ“ˆ

- Demanding cryptocurrency payments to 'unlock' high-return opportunities ๐Ÿ”“

- Employment scams involving cryptocurrencies ๐Ÿ“Š

๐Ÿšจ STATISTICS:

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- Reported losses in Maryland have skyrocketed from $32,033 in 2023 to $3.8 million from January to October this year. ๐Ÿ“Š

- Individuals in Maryland are losing between $15,000 and $20,000 to these scams. ๐Ÿ’ธ

- Cryptocurrency-related complaints account for only about 10% of total financial fraud complaints, but the amount stolen represents nearly 50% of total financial losses. ๐Ÿ“Š

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๐Ÿ”’ PROTECT YOURSELF:

- Be cautious of unsolicited investment opportunities ๐Ÿšจ

- Research and verify the authenticity of cryptocurrency exchanges and investment platforms ๐Ÿ”

- Never send cryptocurrency payments to unknown individuals or entities ๐Ÿšซ

๐Ÿ‘‰ STAY VIGILANT AND PROTECT YOUR CRYPTOCURRENCY ASSETS! ๐Ÿ’ธ

#CryptocurrencyProjections yScams #bitcoinโ˜€๏ธ in #FBIWarning rning #investorprotection ction #CryptocurrencySecurity