'People have reported sending more than $2 million in cryptocurrency to Elon Musk impersonators over just the past six months,' the FTC says.
Elon Musk impersonators are just the tip of the iceberg when it comes to cryptocurrency scams. Consider this: Right as Bitcoin's value soared, consumers lost more than $80 million (!!!) to cryptocurrency scams in the six months between October 2020 and March 2021. Here's what you need to know to keep your investment safe, plus we've got top cryptocurrency explainers and tips and the latest crypto news you'll want to know.