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May 17, Contact Information. New data spotlight points to more than ten-fold increase in reported losses in last 12 months. The Cryptovurrency has more information for consumers about cryptocurrency investment scams, and how to avoid and sign up to get the latest FTC news and.

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The Federal Trade Commission announced a settlement with bankrupt cryptocurrency platform Celsius Network that will permanently ban it from. Today, the FTC announced a lawsuit against four individuals alleging that they have promoted one or more fraudulent �chain referral schemes. This claim is doubly important: (1) it suggests that cryptocurrency wallet addresses constitute �financial information� under the GLBA; and (2).