Investor Alert: Watch Out for Fraudulent Digital Asset and Crypto Trading Websites The SECs Office of Investor Education and Advocacy (OIEA) and the Commodity Futures Trading Commissions Office of Customer Education and Outreach (CFTC) warn investors to scrutinize investment opportunities through websites purporting to operate ...
SEC and CFTC staff have recently observed investment scams where fraudsters tout digital asset or cryptocurrency advisory and trading businesses. In some cases, the fraudsters claim to invest customers funds in proprietary crypto trading systems or in mining farms.
The SECs Office of Investor Education and Advocacy is issuing an Investor Alert on scams involving crypto assets. Fraudsters continue to exploit the popularity of crypto assets to lure retail investors into scams. Crypto assets may include assets commonly referred to as cryptocurrencies, crypto, coins, and tokens. Read the Investor Alert.
Digital Asset and Crypto Investment Scams Investor Alert Sept. 1, 2021 The SECs Office of Investor Education and Advocacy (OIEA) and Division of Enforcements Retail Strategy Task Force (RSTF) remind investors to watch out for investment schemes involving digital assets and Crypto.
Such details provide a deeper understanding and appreciation for Investor Alert Watch Out For Fraudulent Digital Asset And Crypto.
The SECs Office of Investor Education and Advocacy continues to urge investors to be cautious if considering an investment involving crypto asset securities. Investments in crypto asset securities can be exceptionally volatile and speculative, and the platforms where investors buy, sell, borrow, or lend these securities may lack important protections for investors.
The SECs Office of Investor Education and Advocacy is issuing this Investor Alert because fraudsters continue to exploit the popularity of crypto assets to lure retail investors into scams. Crypto assets may include assets commonly referred to as cryptocurrencies, crypto, coins, and tokens.
