CFTC WARNS OF RISING CRYPTO SCAMS IN MESSAGING APPS
The CFTC warns of increasing crypto scams on popular messaging apps, where scammers exploit default settings to reach users.
Group chats promising โzero riskโ with high returns target those unfamiliar with crypto risks.
Key advice includes ignoring unsolicited messages, reporting spam, and adjusting privacy settings on apps and devices.
By taking these steps, users can protect against fraud and reduce spamโreflecting the growing need for vigilance in crypto spaces.
Source: FintechGlobal