How to Avoid Cryptocurrency Scams

Authorities are alarmed by a surge in crypto scams, exemplified by a US$5,000 Bitcoin loss in a Lufkin jury duty scam.

FTC warns of rising crypto scams, citing the lack of legal protection and irreversibility as attractive features for scammers.

Tyler PD warns of evolving crypto scams, with scammers impersonating law enforcement and demanding crypto payments, utilizing ATMs, and spoofing official numbers.

Officials advise vigilance, urging the public to hang up on suspicious calls, verify information through official numbers, and emphasizing legit agencies don't demand crypto payments.