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Big Tech Bounces Back

Motley Fool Money

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The Evolution of Cryptocurrency Scams

This chapter explores the rise and adaptation of investment fraud amidst the popularity of cryptocurrency, detailing various scam tactics including romance scams and crypto fund manager schemes. It highlights the significant increase of these scams on social media and emphasizes the psychological factors that make individuals vulnerable. The discussion also notes the persistence of FOMO-driven investment interest, even in a declining crypto market, particularly among people aged 30 to 39.

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