Crypto Scams on Rise in Portugal as Two Investors Lose Over $312k

Two Portuguese citizens have lost over $312,000 to crypto scammers, with police claiming that more people are falling victim to crypto fraudsters.
Per CM-TV, the two individuals hail from Cantanhede, in Portugal’s Coimbra District.
The duo appear to have been promised they could expect “quick profits” by “staking” coins on a platform.
One of the duo sent $213,000 worth of Bitcoin (BTC) to a wallet they thought belonged to a bona fide crypto firm....
Read More: Crypto Scams on Rise in Portugal as Two Investors Lose Over $312k