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One sure sign of a scam is anyone who says you have to pay by cryptocurrency. Here are the most common scams. The digital money movement is on up with everyday folks, from your mum to your mates, investing their hard earned cash in it. According to the wall stree journal, cryptocurrency scams are responsible for stealing more than $4 billion in 2019. Once you enter your information into an identical scam site, a cybercriminal could access your account using your details and then steal your funds. But the prospect of quick riches can blind some people to the risks and enable crooks to lure them into scams. The internet company has a strong presence online. But cryptocurrency is creating new scams, using jargon and technology most people have never heard of, let alone truly understand. Scammers are always finding new ways to steal your money using cryptocurrency. Of course, if you pay, there's almost no way to get that money back. The scams are getting more technical, but the m.o. En español | cryptocurrencies such as bitcoin, ether and hundreds more are a hot commodity in online trading, and it's possible for a smart investor to make a big profit. Many prominent financial experts have also dismissed cryptocurrency as a scam.
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