BlackRock

<a href="https://bitcoinworld.co.in/blackrock-issues-warning-against-major-crypto-scams/" title="BlackRock Issues Warning Against Major Crypto Scams" rel="noopener noreferrer nofollow"></a>
<ul>
 <li style="font-weight: 400">New York-based financial giant BlackRock has warned about crypto scams</li>
</ul>
Financial behemoth BlackRock has issued a <a href="https://x.com/BlackRock/status/1817672808853377193" rel="noopener noreferrer nofollow">warning</a> about cryptocurrency-related scams on its social media account.&nbsp;
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 There has been a spike in investment-related scams, including directing users toward crypto investment-related websites and/or social media platforms such as WhatsApp or Telegram. We urge caution in dealing with individuals, websites or social media platforms using our brand and…
 — BlackRock (@BlackRock) <a href="https://twitter.com/BlackRock/status/1817672808853377193?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 28, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
“We urge caution in dealing with individuals, websites or social media platforms using our brand and offering training or investments,” BlackRock said.&nbsp;
<a href="https://bitcoinworld.co.in/blackrock-imposters-target-crypto-etfs-investors/" rel="noopener noreferrer nofollow">BlackRock</a> has stressed that it never contacts anyone through social media platforms.&nbsp;
Last year, it took legal action against the owner of various fake domains that were impersonating the New York-headquartered company in order to defraud investors. Some of the bogus websites were related to crypto.&nbsp;
Last December, an XRP exchange-traded fund (ETF) called “BlackRock iShares XRP Trust” was submitted by a fraudster, pushing the price of the Ripple-affiliated altcoin significantly higher. BlackRock ended up issuing a statement that the filing was fake.&nbsp;&nbsp;
During a recent CNBC interview, BlackRock CEO Larry Fink said that he views Bitcoin as a “legitimate” investment. In 2017, Fink dismissed the largest cryptocurrency as merely a tool for money laundering.&nbsp;
In January, BlackRock launched a highly successful Bitcoin ETF. Earlier this month, the company’s Ethereum ETF also went live, significantly outperforming competing ETF products.&nbsp;&nbsp;
According to data provided by the Federal Bureau of Investigation (FBI), cryptocurrency investment scams resulted in nearly $4 billion worth of losses last year in the US.
The rise of generative AI makes it easier for scammers to create convincing deepfakes in order to defraud crypto investors.

BlackRock Issues Warning Against Major Crypto Scams

ItsBitcoinWorld

Autres articles publiés le 29 juil. 2024

US SEC Sued Over NFT Art Regulation Claims in LA Court

Flud Your Wallet With Profit With Shiba Inu And Mpeppe (MPEPE)

Bitcoin, gold on track to break out as ‘macro summer’ begins — Analyst

BRETT surges 12% to become top gaining meme coin

Litecoin Price Prediction: Can LTC Price reach $100 in August?

Get Ready for the Surge: Top Emerging Cryptocurrencies to Watch This Week

Join our free newsletter for daily crypto updates!