• Author
    Rene Shannon
  • Published
    June 14, 2023
  • Word count


The number of financial scams for consumers to avoid was already nearly endless, but this figure exploded when digital currency, also called cryptocurrency, became mainstream. According to the Federal Trade Commission (FTC), more than 46,000 people reported losing over $1 billion in crypto to various scams from January 2021 through June of 2022, and that figure only includes people who willingly shared this information with authorities.

The fact is, consumers tend to know very little when it comes to how digital currency works or how to keep their digital assets safe. And since cryptocurrency payments do not come with any legal protections or government assurances, crypto scams are especially attractive for thieves. Also note that there’s no bank or other centralized authority to flag suspicious crypto transactions. With these details in mind, it’s easy to see why the industry is ripe for fraud.

Investment scams is the fastest rising game. In this scam, an “investment manager” you have never heard of reaches out to you with an incredible investment opportunity. Of course, the process starts with you sending crypto to their online account or downloading an app that will help you get rich, and you need to do it in a hurry.

In many cases, these scammers will have legitimate-looking websites that use complicated investing jargon to seem real. If you log into your account with the platform, however, you may be blocked from withdrawing your money or only able to access your cash if you pay an exorbitant fee.

Victims of scams are often left with no one to turn to including the government. However, there are individuals with talents and skills to maneuver the internet and access information which is helpful in getting back at the scammers. Such groups are referred to as white hackers, who invade systems for a good cause. With over 100 positive reviews across the internet, CyberPunk Programmer is rated the Best Cryptocurrency Recovery Agency. In 2022, they recovered a total of 25 million dollars from illegal and fraudulent trading platforms. Their services are truly rewarding because they comprise the most efficient team and systems. CyberPunk’s presence in the investment market will allow investors to take risks with minimal losses and reinstate victims back to their financial position. Their website, punkerscyber . org portrays their services best including their contact information. The email address is cyberpunk @ programmer . net.

In conclusion, crypto scams are ever-evolving in their quest to outsmart retail users and even institutions who struggle to keep up with the insanely fast pace of the cryptocurrency sector. Staying informed is crucial when it comes to protecting yourself from crypto scams. However, incase you have or may know someone who has fallen victim to a scam, punkerscyberorg is the best solution.

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