Release Date: July 26, 2022
Cryptocurrencies, such as bitcoin and non-fungible tokens (NFTs), continue to gain popularity with people all over the world. Celebrities are often hired to advertise cryptocurrency projects and investment opportunities. However, a star-powered endorsement doesn’t guarantee that you’ll get a good deal.
After building a cryptocurrency scam, cybercriminals boost the scam with fake endorsements. The cybercriminals usually impersonate public figures who have previously promoted cryptocurrency to make the endorsements seem legitimate. The endorsements are meant to influence you to invest in their cryptocurrency scam. If you fall for one of these scams, you will not see a return on your investment. Instead, you’ll put your money directly in the hands of a cybercriminal.
To protect yourself against cryptocurrency scams, use the following tips:
- Never…
