FBI Denver: Coloradans lost about $25 million in 2021 to crypto scams

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FBI Denver: Coloradans lost about $25 million in 2021 to crypto scams
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The number of people who fall for crypto scams is on the rise as more people start using cryptocurrencies, according to a warning from the Denver Division of the Federal Bureau of Investigation.

Investigators in Denver said they are seeing a trend of adults being caught up in these scams, which typically involve Tether and USD Coin .

Lakewood police issue warning over popular 'pig butcher' cryptocurrency scam In Colorado, investigators said they are seeing two main tactics: One is that a fake investment manager contacts you with a promise to grow your money, but only if you buy cryptocurrency and transfer it into their online account. The second is an online love interest asking for money or cryptocurrency to help you invest.

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