Business Insider recently consulted Hudson Intelligence to discuss what steps investors and consumers can take to avoid falling victim to cryptocurrency fraud schemes.
Losses stemming from crypto investment scams have increased more than 300% in the past two years, according to data from the FBI. Fraud victims in the U.S. lose several billions of dollars each year to these schemes, which continue to increase in scale and sophistication.
Read the full article here: “Blockchain Detectives on How to Protect Yourself from Crypto Scammers.”
John Powers, CFE, CTCE is president of Hudson Intelligence, an investigation agency specializing in complex fraud investigations, cryptocurrency forensics and international asset tracing.