BBB reports Cryptocurrency scam reports, complaints are on the rise — Scam Guards

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Better Business Bureau - BBBNashville, TN – During the first months of 2021, the Better Business Bureau (BBB)® has observed a rise in consumer reports to BBB Scam Tracker about cryptocurrency-related issues, as well as a spike in customer complaints about some cryptocurrency platforms. In both types of cases, consumers frequently say that they are unable to access or cash out their funds in crypto investment accounts.
 
Consumers have increasingly sought out cryptocurrency investments as crypto continues to gain headlines,” said Robyn Householder, President, and CEO of BBB serving Middle TN and Southern KY. “Crypto scammers and shady platforms use dreams of financial success to attract consumers, which is why investors need to check out cryptocurrency opportunities very carefully before investing funds.”

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