FBI Warns of Cryptocurrency Scammers on LinkedIn Cryptocurren | Trade Crypto Now
FBI Warns of Cryptocurrency Scammers on LinkedIn
Cryptocurrency investment scammers on LinkedIn are a “significant threat” to user safety, FBI special agent Sean Ragan said Friday. In an interview with CNBC, Ragan said he believes LinkedIn has a problem when it comes to investment scams.
The FBI has seen an uptick in investment-related fraud, according to Regan. The Federal Trade Commission reported that U.S. cryptocurrency traders lost $575 million due to investment fraud from January 2021 until March 2022. LinkedIn emphasizes business news and relationships, which may create a false sense of security against the backdrop of common romance and online scams. The CNBC report notes that fake profiles often claim to be associated with legitimate and successful companies.
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