Reasons Why The Crypto Dream Is Turning Into A Nightmare

Crypto Fraud Rising

A major issue for crypto developers is the rise of crypto fraud. Enterprising hackers are finding new imaginative ways to steal information or trick investors. Many people fall prey to fake celebrity scams. U.S. citizens allegedly lost up to a billion dollars because of crypto fraud.

That’s an amazing amount of money and it’s frightening casual buyers. They don’t want to lose their life savings as they try to get rich quickly. Younger people experience more crime than older because social media influences them. Ironically, it’s the tech-savvy who suffer more problems (via Cyber News).