Tag Archives: BBB

Crypto is very confusing to a lot of people according to Bryan Oglesby, a spokesperson for the Better Business Bureau (BBB). This is exactly why crypto has become such a powerful tool in ongoing fraud attempts and scams that regularly permeate the financial space. Bryan Oglesby On Crypto: It’s Rather Confusing In a recent statement, Oglesby claimed: Cryptocurrency is very confusing to a lot of consumers. Because there is all this confusion, scammers take this as an...

Trading crypto has become a hugely popular thing to do amongst everyday traders. This is good in the sense that the crypto space is now gaining the mainstream attention it largely deserved. However, there is a bad side to all this growth in that as crypto has expanded, so has digital crime, and one scam is becoming all too familiar. How One Crypto Scam Cost a Woman $200 The Federal Bureau of Investigation (FBI) says that more than $1 billion has been lost by Americans to...

According to a new report issued by the Better Business Bureau (BBB), scams involving crypto are now the second most prominent and risky. The BBB Publishes Crypto Scam Report In the year 2020, crypto scams were still relatively thin. While they occurred on a regular basis, they only placed seventh on the BBB list. However, in 2020, crypto scams moved into second place, suggesting that they now occur much more often than anyone could have anticipated. While crypto scams...

The Better Business Bureau (BBB) is taking aim at cryptocurrency.The BBB Says to Watch Out for Crypto ScamsTo be specific, it is taking aim at cryptocurrency scams, which the company states are more prominent than ever. According to a statement issued by the organization, crypto scams are the second riskiest illicit ventures from late 2019 and on.One of the tasks set forth by the BBB is to report employment scams. This remains in the top spot and the thing that American workers should be the...