According to Odaily, U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has issued an investor alert on the X platform, cautioning the public about potential scams involving crypto asset securities. The SEC highlighted that fraudsters often exploit emerging technologies like cryptocurrencies to perpetrate investment frauds. The alert detailed common types of cryptocurrency scams, including promises of high returns with low risk, unlicensed sellers, false endorsements, manipulative trading strategies, and phishing scams.