Cryptocurrency Scams on the Rise

Richland County Sheriff Clay Porter wants to update the community on the increase in cryptocurrency type scams. Cryptocurrency is defined as digital and/or virtual currency with the records being maintained by a decentralized system such as but not limited to Bitcoin and Ethereum. These types of scams have a wide variety of schemes, but can include blackmail, extortion, business opportunities, fake job listings, giveaways, impersonation, investments, phishing, and romance (this includes dating applications). Things to look for in spotting a scam are if it seems too good to be true, “pay to play” jobs, promises of guaranteed investment returns, and unexpected email-phone- texts.