guest column

Cryptocurrency scams are on the rise

By , Guest Columnist Updated: July 08, 2020 2:28 PM CT | Published: July 08, 2020 11:59 AM CT
Randy Hutchinson
Guest Columnist

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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Topics

Better Business Bureau Of The Mid-South cryptocurrency

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