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 FBI Warns of Ruthless Crypto Recovery Scam Preying on Victims Twice August 16, 2025 Terraform Labs Gets Court Approval to Wind Down Operations in Bankruptcy September 19, 2024 Washington State Probes Alleged Crypto Fraud Linked to Fake Nasdaq Exchange August 30, 2024