Cryptocurrency scams rose 1,000 percent in the past year and cost consumers at least $80 million, FTC says. People in their 20s and 30s reported losing far more money to crypto investment cons than on any other type of fraud.
Crypto is just like going to the casino. 2 weeks ago it was 64g now its 49 g. So these people just lost theirs faster than the rest are going to. A fool and his money are soon parted