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FTC Warns: Social Media Investment Scams on the Rise


The U.S. Federal Trade Commission (FTC) has warned consumers about a surge in social media investment scams, especially in cryptocurrency. These scams involve fraudulent messages claiming guaranteed high returns with little or no risk. The FTC advises ignoring such messages and reminds consumers...

Washington State Regulator Warns Investors of Pig Butchering Crypto Scheme


The Washington State Department of Financial Institutions (DFI) issued a warning on Thursday after it received a complaint from a Washington investor about Fameex, now offline. The investor, a real estate agent, met scammer “Jackson Qie” via an unsolicited text. Qie convinced him...

Solana Meme Coin Hits a $328T Market Cap Using a Scam Method


The BONKKILLER Solana meme coin, suspected to be a honeypot scam, has achieved a $328 trillion market cap by preventing investors from selling their tokens. Despite warnings, individuals continue to invest in BONKKILLER, falling victim to the deceptive scheme. The post Solana Meme Coin Hits a $328T...

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