Digital Asset Fraud refers to deceptive practices aimed at unlawfully acquiring or misappropriating digital assets, such as cryptocurrencies, tokens, or virtual currencies, through illicit means. Perpetrators exploit the anonymity, decentralization, and rapid transaction speeds inherent in digital assets to perpetrate fraudulent activities, often targeting unsuspecting individuals or organizations seeking to invest or transact in the digital asset space.

Learn More:

CFTC – Investor Alert
USSS – Combating the illicit use of digital assets
IRS – Digital Assets
SEC – Investor Alert – Digital Asset and “Crypto” Investment Scams


File ID:  CFTC-PR-8850-24 Date:  January 19, 2024 Accessed:  June 12, 2024 Headline:  CFTC Charges Bogus Digital Asset Platform with Fraud and Misappropriation in an Online Romance Scam. Five Victims Lost $2.3 Million to Con Targeting Asian Americans. Source: Categories: AFFINITY FRAUD FRAUDS TARGETING ASIAN AMERICANS BOGUS TRADING PLATFORMS DIGITAL ASSET FRAUD ROMANCE SCAMS CFTC-PR-8850-24 – Viewer: ▼▼▼ […]