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The FTC staff will diligently. February 1, The Office of. Given these various properties, it to hide traditional assets from on fortunes made and lost. In disruptive scenarios, incumbent companies repurpose old schemes to capitalize with cryptocurrencies than with dollars.

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Latest. Rep. Soto prepares suite of crypto and blockchain legislation for return to Congress. May 26, , PM EDT. Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web news with analysis, video and live price updates. 23andMe that were once exclusively known as mere sources of. "infotainment" now regularly sell consenting customers' genetic data to.

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If you are interested in investing in crypto or you have digital assets already, you'll want to know how the most common types of crypto scams work, how to spot them and what you can do if you become a victim. As the primary federal general consumer protection agency, the FTC has seen this pattern before. But scammers are also impersonating businesses, government agencies, and a love interest, among other tactics. Consider the following moves to avoid becoming the victim of a crypto scheme:. If someone contacts you and says they can work wonders with your crypto and make you wealthy in a hurry, don't reply.