investment scams
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UK Regulators Warn Against Promoting Illegal Get Rich Quick Plans on Social Media
According to reports, the Financial Conduct Authority (FCA) and the Advertising Standards Authority (ACA) in the UK have jointly issued a warning to social media \’financial influen
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Report: Cryptographic fraud revenue fell 46% in 2022
It is reported that according to a new study by Chainalysis, a blockchain analysis company, the profit of encryption fraudsters was low last year, because their income plummeted by nearly 50% in 2022. Cryptographic fraud revenue decreased from a record $10.9 billion in 2021 to $5.9 billion. It is worth noting that most of the frauds in 2022 are investment types. Interpretation of this information: The decline of profit for encryption fraudsters is good news for the cryptocurrency industry, highlighting efforts towards better security measures. According to Chainalysis, there was…
