SEC issues investor alert highlighting 5 common crypto scams

The SEC’s Office of Investor Education and Support has issued an alert, highlighting five common cryptocurrency scams that investors should be aware of to avoid losing money. The Securities and Exchange Commission warns that scammers are exploiting the popularity of cryptocurrencies with sophisticated techniques, making recoveries difficult. For example, “fraudsters may carry out pump-and-dump schemes using cryptoassets, including so-called ‘memecoins’ that… […]