FBI Says Cryptocurrency Fraud on LinkedIn a ‘Significant Threat’: How Scammers Lure Members

The FBI logo is seen outside the headquarters building in Washington, D.C. on July 5, 2016. Yuri Gripas/AFP/Getty Images

FBI special agent Sean Ragan has said that cryptocurrency investment scammers on Microsoft Corporation’s social networking platform LinkedIn are a significant threat to the platform and consumers.

According to an exclusive interview with CNBC, Ragan, the FBI’s special agent in charge of the San Francisco and Sacramento, said that crypto-related fraudulent activities on LinkedIn are becoming more prevalent.