The California Department of Financial Protection and Innovation has created a website dedicated to tracking cryptocurrency scams.
The site tagged ‘Crypto Scam Tracker’ is a database searchable by company name, scam type, or keywords so Californians can learn more about the complaints the department has received about specific cryptocurrency websites.
“Scammers are in the shadows using the public’s interest in crypto assets to take advantage of the most vulnerable Californians,
“Through the new Crypto Scam Tracker, combined with rigorous enforcement efforts, the DFPI is committed to shining a light on these ruthless predators and protecting consumers and investors, “DFPI Commissioner Clothilde Hewlett said in a statement.
