Red Flags to look Out For in Crypto Investing

Recently CNBC published an important article about Cryptocurrency fraud on LinkedIn. (click here to read)  Unfortunately, financial fraud on social media is not going away anytime soon. 

The FBI offices in San Francisco and Sacramento CA have said that LinkedIn users are being lured into fraudulent cryptocurrency investment schemes and that it poses a “significant threat” to the platform and consumers. 

Cryptocurrency has generated a lot of emotion in addition to being a complex and sometimes confusing technology. That’s why we are bringing you the red flags to be alert for when it comes to Crypto.

Fraudsters are targeting victims right now – here’s what to look out for whenever you consider an investment opportunity.

We’ll be covering the topic more in-depth over the coming weeks. Here, we show you how the “scheme” works in our latest video.

We hope you’ll take a few minutes to watch and if you are looking to take action on Cryptocurrency right now, start by downloading the SEC’s Office of Investor Education and Advocacy Investor’s Alert entitled,  “Ponzi Schemes Using Virtual Currencies”(click here to read).