Cryptocurrency scams are on the rise

Randy Hutchinson
Randy Hutchinson is the President and CEO of the BBB of the Mid-South, serving 28 counties in Tennessee, Mississippi and Arkansas. He graduated from Western Maryland College and has an MBA from Wilmington College.
Consumers who were exposed to a cryptocurrency scam were far more likely to fall for it and lost far more money than the average for all scams. The median loss in a cryptocurrency scam was $3,000 compared to $160 for all scams.
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