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Cryptocurrency: Rich In Investment Opportunity; Ripe for Fraud Schemes

The recent implosion of FTX Trading leaves investors and their advisers wondering whether any crypto investment is safe. There have been dozens of cryptocurrency-related fraud schemes in recent years including Ponzi schemes and investment schemes using crypto and the blockchain to facilitate the fraud scheme.

6 minute read January 01, 2023 at 12:07 AM
By
Melissa Davis and Mark Parisi
Cryptocurrency: Rich In Investment Opportunity; Ripe for Fraud Schemes

The cryptocurrency industry is rich in investment opportunity but also ripe for fraud schemes. The recent implosion of FTX Trading, Ltd. leaves investors and their advisers wondering whether any crypto investment is safe.

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