A general lack of consumer education around crypto is partially to blame, with people new to the space especially vulnerable to misinformation, and prone to falling for sketchy investment practices in the hopes of striking digital gold.Social media is awash with so-called “success stories” of people that have made a fortune investing in cryptocurrency.
Many people now view crypto as a get-rich-quick scheme, which makes them susceptible to falling for scams.Cryptocurrency has surged in popularity in recent years – particularly among younger generations – meaning there are a lot of people for criminals to target
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