FMA Highlights YouTube-Based Crypto Scam as Digital Fraud Increases

FMA warns ‍of⁣ increasing cryptocurrency scams on YouTube as ⁢digital fraud surges. ‌The Financial Markets Authority has highlighted concerns over the growing trend of investment scams⁣ fueled by rising interest ‍in ​cryptocurrencies. Scammers are exploiting platforms like YouTube to deceive ⁢social media users‍ into risky investments.⁤ The ⁣FMA cautions ⁣against engaging with these misleading crypto investment schemes where scammers create channels promising trading advice and enticing them to ⁤join ⁢private ⁤WhatsApp or Telegram groups, often luring victims with tempting promises of exclusive tips, ⁢prizes, and more…