Thursday, March 28, 2024
HomeinvestingSecurities regulator warns people not to get fooled by bitcoin cold-calling scams

Securities regulator warns people not to get fooled by bitcoin cold-calling scams

  • FINRA released guidelines to help investors avoid getting duped by "pump-and-dump" schemes.
  • "Do not purchase cryptocurrency stocks purchases from aggressive cold callers, particularly if dealing in penny stocks," Finra warned.
  • At a time when attaching "blockchain" to a company name is a surefire way to blow up stock values, there is plenty of incentive for these schemes.

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