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cryptocurrency fraudCNBC
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74% Informative
Cryptocurrency scams are already rampant.
The FBI 's Internet Crime Complaint Center says estimated losses topped more than $5.6 billion last year .
With bitcoin trading solidly over $ 90,000 this month , cybercriminals will be circling the wagons.
With this, here's how to recognize and avoid the latest crypto scams: Beware of text and email promotional offers from unknown companies.
A little homework can save a lot of money and headaches, industry experts say.
Prospective investors should take the time to ensure any digital coin they are considering buying is legitimate.
Yaya Fanusie , director of policy for anti-money laundering and cyber risk, had a family member recently defrauded by a crypto scammer.
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