More than 46,000 American consumers have officially reported a total loss of $1 billion in cryptocurrency to fraud from January 2021 through March 2022, according to a new June 3 report from the Federal Trade Commission.
Consumers Lost at Least $1 Billion in Cryptocurrency Scams in Early 2021, Says FTC
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There are crypto credit cards and crypto debt cards in the market. SPF/ShutterStock
By Bryan Jung
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Bryan Jung
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Bryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University.
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