According to ChainCatcher, the U.S. Securities and Exchange Commission (SEC) sounded the alarm about the growing risk of cryptocurrency fraud and other investment fraud during World Investor Week 2024.
Investors are struggling to find reliable advice amid the rising influence of artificial intelligence, social media and aggressive financial marketing.
The SEC is focusing on scams involving cryptocurrencies, financial inducements and “relationship” scams, warning that the hype surrounding emerging technologies could mislead unsuspecting individuals.