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SEC Warns Crypto Investors Against Scams Exploiting Social Media Hijack Fears


The U.S. Securities and Exchange Commission (SEC) has warned against scammers taking advantage of investors’ fear of social media hijacking (FOMO). SEC Says Scammers Are Frequently Using Social Media to Defraud Investors The SEC’s Office of Investor Education and Advocacy warned that “scammers often use social media to defraud investors.” …

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