Better Business Bureau Warns of Cryptocurrency Investment Scams on Tiktok – Featured Bitcoin News

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Better Business Bureau Warns of Cryptocurrency Investment Scams on Tiktok – Featured Bitcoin News
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The Better Business Bureau (BBB) has warned about cryptocurrency scams on Tiktok. 'Any money you send will end up in the scammer's pockets.' crypto bitcoin

The Better Business Bureau has warned about cryptocurrency scams on Tiktok. “You are scrolling through Tiktok when you come across a video showing a pile of cash. The creator says they earned the stack of money in just a few days by investing in cryptocurrency,” the BBB detailed.The Better Business Bureau warned of cryptocurrency scams on the popular video-hosting platform Tiktok Friday.

You are scrolling through Tiktok when you come across a video showing a pile of cash. The creator says they earned the stack of money in just a few days by investing in cryptocurrency. The organization explained that “When you contact the supposed investor [scammer], likely through Whatsapp, Telegram, or another messaging app, they will be polite and professional,” adding:

However, “When you try to get your money back, the scammer will claim you need to pay fees. At first, these amounts may seem harmless … They may ask for fees several times, always promising you will get much more back than what you are spending.”

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