Crypto currency scam increased due to COVID-19 :FBI

The number of crypto scams raises in coronavirus pandemic as per The Federal Bureau of Investigations (FBI).  In recent press release FBI said: “There are not only numerous virtual asset service providers online but also thousands of cryptocurrency kiosks located throughout the world which are exploited by criminals to facilitate their schemes.Many traditional financial crimes and money laundering schemes are now orchestrated via cryptocurrencies.”The agency warned all citizen of America to look after their crypto assets to prevent from scam.



The agency said more cases record where family member , victim mentions in email and threatens to made payment in shape of bitcoin wallet address. Where some people asking donation on the name of World Health Organization to fight COVID-19 pandemic.But on the side FBI claimed that blockchain forensics report said that about 30% of scam via crypto increased in month march 2020.









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