Foreign media: People who are induced to invest in virtual currencies or FX investment disputes frequently occur on social networking sites
A joint statement by the social media (SNS) warns strongly against the increasing number of disputes related to investment in virtual currency or foreign exchange margin trading (FX) induced on social media. The statement reminds people that there is no such thing as a guaranteed profit. In 2022, there were 5,623 consultations related to virtual currency and 2,536 consultations related to FX, with even more consultations received in 2023. The consultations were more prevalent among people in their forties and fifties, while it was also evident that people in their twenties were falling prey to virtual currency scams.
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.
You may also like
Celestia: Ginger upgrade is now available on Mocha testnet
Fed's Collins: Another rate cut in December is under consideration, but not finalized
UBS: The dollar's recent strength may be difficult to sustain
Polymarket currently prices Trump's chances of establishing a US national BTC reserve at 32%