Wednesday, November 30

Tag: biggest cryptocurrency scams

Here are two of the most common cryptocurrency scams and what you can do to avoid them.
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Here are two of the most common cryptocurrency scams and what you can do to avoid them.

When one of our students told us they were going to quit college in August 2021, it wasn't the first time we'd heard of someone finishing their studies early. But the reason was something new. The student lost all of their money, including a bank loan, in a cryptocurrency scam. They are now not only broke, but also in debt. At the very least, it was hard on both their finances and their minds. The bad news is that this student is not alone. There are currently hundreds of millions of people who own cryptocurrency, and estimates show that this number will continue to grow quickly. As more and more people bought cryptocurrencies, more and more people fell for scams. We study behavioral economics and psychology, and we just put out a book about how fraud, scams, and other types of fi...