A US government agency issues a warning about cryptographic scams on social networks

The Vermont Department of Financial Regulation (DFR), a United States state agency, has warned citizens about the growing crypto-investment scams perpetrated on popular social networks. On June 25, 74-year-old Naum Lantsman lost his life savings — $340,000 — to a crypto scam organized via Instagram and Telegram. DFR he referred the incident emphasized “that Vermonters […]