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Social media blamed for $1B in crypto scam losses in 2021

Nearly half of the consumers who reported a cryptocurrency-related scam in 2021 said it started with an ad, post or message on social media.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Social media blamed for $1B in crypto scam losses in 2021

Nearly half of the consumers who reported a cryptocurrency-related scam in 2021 said it started with an ad, post or message on social media.

Why this matters

This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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