Crypto News: U.S. Charges These 4 Companies For Promoting Crypto Scams

Cryptocurrency scams have become increasingly prevalent in recent years, taking advantage of the growing popularity and lack of understanding of digital currencies. These scams, often coming in the form of fake crypto exchanges, fraudulent ICOs, or phishing schemes result in significant loss of money for unsuspecting victims in the growing crypto market. And, what comes as the latest crypto news — a significant number of crypto-native citizens in the state of New Jersey have fallen victim to few companies offering fraudulent crypto services.