What is cryptocurrency? How it works Cryptocurrency is a form of digital currency that uses cryptography for security and operates independently of central banks. Springfield, Missouri, police received reports of over $1.2 million in cryptocurrency scam losses in 2024, with only $109,000 recovered. Police warn residents to be aware of common scam tactics like guaranteed
Cryptocurrency scams cost Americans more than $5.6B last year: FBI The FBI announced on Monday, Sept. 9, that Americans lost more than $5.6 billion in cryptocurrency scams in 2023. Straight Arrow News An Athens man lost over $70,000 in an alleged cryptocurrency scam orchestrated through a relationship formed on Instagram. The victim was initially led
Scams often evolve over time and may include scammers pretending to be law enforcement or using crypto ‘ATMs.’ Smishing texts: what are they, what you can do Smishing texts are a scam intended to trick the receiver into sharing personal information, like bank details. Problem Solved The Manitowoc Police Department has reported a significant increase