Are bogus cryptocurrency investment opportunities causing consumer losses?
Could you elaborate on the prevalence of bogus cryptocurrency investment opportunities and their impact on consumer losses? Have there been any significant cases of fraud reported recently? What are the common characteristics of these fraudulent schemes? How can investors protect themselves from falling victim to such scams? What regulatory measures are being taken to combat this issue and safeguard the interests of investors? Your insights would be invaluable in understanding this concerning trend in the cryptocurrency market.