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SEC and CFTC staff have recently observed investment scams where fraudsters tout digital asset or “cryptocurrency” advisory and trading businesses.  In some cases, the fraudsters claim to invest customers’ funds in proprietary crypto trading systems or in “mining” farms.  The fraudsters promise high guaranteed returns (for example, 20-50%) with little or no risk.  Recommended News *Some people searching for crypto wallets are looking for a crypto exchange, which is why we’ve included Public.com in this comparison table. If you’re more interested in learning where to buy and sell cryptocurrency, as well as, pros and cons of centralized vs decentralized exchanges, you might consider reading our piece on the Best Crypto Exchanges.

Naum Lantsman was sure his cryptocurrency investments were making money. Every time he'd log on to the trading platform he was using, it looked like he was reaping windfall profits. But Lantsman, in fact, was one of a growing number of people who've fallen victim to cryptocurrency scams. Digital Customer Service © 2023 FORMULA 1 CRYPTO.COM MIAMI GRAND PRIX, All rights reserved.

Proprietary traders of digital currencies looking to operate in Dubai will be required to possess a no-objection certificate (NOC), according to the Dubai VARA’s official report. KYC - Know Your Customer Sure, we should just let the crypto/NFT space be like the wild west, and if your mother or father or brother or sister gets screwed and loses all their money, you can hold their hand, look them right in the eye and say, "Tough shit, sucker."