Lately, it seems that you can’t go one day without hearing about the tremendous gains (and losses) of Bitcoin and other popular “virtual currencies.” While high returns make them intriguing as an investment, the U.S. Commodity Futures Trading Commission (CFTC) wants you to be aware of the possible risks associated with investing or speculating in virtual currencies. Here’s information straight from the CFTC:
What You Should Know:
What You Should Do:
When it comes to fraud, vigilance is our number one weapon. You have the power to protect yourself and your loved ones from scams. Please share this alert with friends and family.
P.S. Spotted a scam? Tell us about it. Our scam-tracking map gives you information about the latest scams targeting people in your state. You’ll also find first-hand accounts from scam-spotters who are sharing their experiences so you know how to protect yourself and your family.