- The U.S. Securities and Exchange Commission (SEC) has warned about scammers exploiting investors’ fear of missing out (FOMO) on social media.
- The SEC’s Office of Investor Education and Advocacy warned that “fraudsters often use social media to scam investors”.
- Anyone considering investing in crypto assets or any crypto-related investments should “take the time to understand how the investment works,” the securities watchdog advised.
SEC Warns Crypto Investors of Scammers Exploiting Their Fear of Missing Out on Social…
