Social media blamed for $1B in crypto scam losses in 2021 Post author:MiamiCrypto Post published:June 6, 2022 Post category:crypto scam / Federal Trade Commission / Fraud / Scam / social media Nearly half of the consumers that reported a cryptocurrency-related scam in 2021 said it started with an ad, post, or message on social media. You Might Also Like Crypto Firms Launch Community-Powered Scam Reporting Platform ‘Chainabuse’ May 24, 2022 Crypto investors spent $4.6B buying ‘pump and dump’ tokens last year February 17, 2023 Crypto scams fall 65% after gullible noobs exit the market: Chainalysis August 17, 2022