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New Cryptocurrency Frauds Deplete Billions as Fresh Coins Surface

On July 8th, it is approximated that 10,000 novel varieties of digital tokens have been produced within this year alone as numerous individuals flock to cryptocurrencies with the expectations of striking it rich. Also substantial is the sheer volume of fraudulent activities occurring, leading to the yearly siphoning of billions of dollars. However, the majority of these fraudulent activities are of such modest scale that the authorities do not even take notice, thus enabling the deceivers to effortlessly vanish. In this segment, Joanna Ossinger presents the details on “Bloomberg Daybreak: Europe.”

Credit: YouTube/Bloomberg Television

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