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FBI Expects a Rise in Scams Involving Cryptocurrency Related to the COVID-19 Pandemic

The FBI warns of Coronavirus scams.

Washington, D.C.-(ENEWSPF)- Fraudsters are leveraging increased fear and uncertainty during the COVID-19 pandemic to steal your money and launder it through the complex cryptocurrency ecosystem.

People of all ages, including the elderly, are being victimized by criminals through cryptocurrency-related fraud schemes. Developments in cryptocurrency technology and an increasing number of businesses accepting it as payment have driven the growing popularity and accessibility of cryptocurrency. There are not only numerous virtual asset service providers online but also thousands of cryptocurrency kiosks located throughout the world which are exploited . . .

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