SEC Chairman warns investors of five common types of crypto scams
Odaily2024/07/18 21:20
By:Odaily
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Odaily News Gary Gensler, chairman of the U.S. Securities and Exchange Commission, issued an investor alert on the X platform, warning of five ways scammers may lure victims into scams involving crypto-asset securities. The SEC said scammers often use emerging technologies such as cryptocurrencies to commit investment scams. It also detailed the alert, outlining common types of
cryptocurrency scams: 1. Promises of high returns with low risk. 2. Unlicensed sellers. 3. False recommendations and endorsements. 4. Manipulative trading strategies. 5. Phishing scams.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Trend-following bot upgrade: Custom parameter settings now supported
Bitget Announcement•2026/09/09 14:16
CandyBomb x CNPY: Trade to share 75,000 USDC
Bitget Announcement•2026/09/08 13:00
New spot margin trading pair — CP/USDT, SOPH/USDT!
Bitget Announcement•2026/09/08 11:00
Futures elite trader leaderboard fully upgraded
Bitget Announcement•2026/09/08 03:06
Crypto prices
MoreBitcoin
BTC
$76,851.37
-1.92%
Ethereum
ETH
$2,446.81
-1.12%
Tether USDt
USDT
$0.9996
-0.00%
BNB
BNB
$710.44
-1.96%
XRP
XRP
$1.34
-3.87%
USDC
USDC
$0.9998
-0.00%
Solana
SOL
$99.07
-2.78%
TRON
TRX
$0.3401
+0.20%
Hyperliquid
HYPE
$78.43
-6.76%
Zcash
ZEC
$1,062.01
-14.26%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now