The FTC is holding a workshop to help consumers identify cryptocurrency scams, but will this become the latest government-led witch hunt against cryptocurrencies in general?
The US Federal Trade Commission announced it will educate investors and users on how to identify scams in cryptocurrency industry.
The Federal Agency will host a free workshop, named “Decrypting Cryptocurrency Scams” on June 25 at 1 pm CT.
This workshop is open to the public and will also be live-streamed on the US Federal Trade Commission’s website.
The link will be posted on the day of the event.
The appeal of independently created currencies that are not controlled by the government, for which supply depends on code and can deliver on fast P2P transactions that are cryptographically protected, have created a whole new asset class.
The FTC and other government entities are concerned about cryptocurrencies and their impact on the economy, especially if there are large-scale scams or bubbles.
But legitimate cryptocurrencies have suffered the collateral damage of the scam hunt.
On top of governmental agencies, prominent private sector actors like Twitter, Facebook and Google are continuously taking steps to “fight” against bad actors in the industry.
Catch up on the event and external factors by CLICKING HERE or following the lower link:
https://bitcoinchaser.com/ftc-opens-workshop-on-cryptocurrency-scams/
