Cryptocurrency Scammers | Investors

Cryptocurrency scams pose largest threat to investors

Cryptocurrency Scammers | Investors

Cryptocurrency scams pose largest threat to investors

The NASAA said education around cryptocurrencies and getting the right information is key to avoiding these scams.

Investors should be on the lookout for cryptocurrency scams this year, as a new report suggests they pose a significant financial threat.

According to a new report from the North American Securities Administrators Association (NASAA), cryptocurrency scams are the number one top investor threat "by far." NASAA said it is of the utmost importance that in 2022, investors understand what they are investing in and with whom they are investing when it comes to cryptocurrency.