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06/08/2022
Cryptocurrency scams and the LGBTQ+ community
FTC
Cryptocurrency is the latest way that scammers are asking people to pay. And that’s important to know, since recent reporting suggests that crypto scams have an outsized impact on the LGBTQ+ community. As we celebrate Pride Month, watch for these top crypto-related scams: investment scams and impersonators.
Most crypto-related investment scams start with an unsolicited text, email, or message on social media (including dating sites and apps) with a promise: make lots of money with zero risk. But only if you buy or send crypto to the person contacting you (a scammer).
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