Home
Bitcoin touches $100,000.. Imaginary profits and warnings of scammers' traps
Saturday 30 November 2024 12:36 | EconomicNumber of readings: 50
[rtl]Baghdad / NINA / Bitcoin continued its gains to approach the $100,000 barrier, but with the price increase witnessed by the largest cryptocurrency in terms of value, warnings of cryptocurrency-related fraud are increasing.
The Identity Theft Resource Center confirmed: "The record price rise creates a sense of urgency to invest in digital currencies, which fraudsters exploit to deceive investors."
Cryptocurrency-related fraud losses amounted to more than $5.6 billion last year, according to reports from the FBI's Internet Crime Complaint Center.
Fraudsters claim to offer exceptional returns, exploiting famous names such as Elon Musk to increase their credibility, according to a report published by the "CNBC" website.
They also share fake ads on social media sites that include links to fake sites that appear similar to legitimate platforms.
Industry experts point out that advances in artificial intelligence technology make fraud more realistic even for professional investors, making it more difficult to distinguish between legitimate and fake offers.
While Bitcoin continues to attract investors around the world, caution and ensuring the credibility of any investment remain the only way to avoid losing money in increasingly sophisticated scams. /End9 To receive more news, subscribe to our channel on Telegram[/rtl]
The Identity Theft Resource Center confirmed: "The record price rise creates a sense of urgency to invest in digital currencies, which fraudsters exploit to deceive investors."
Cryptocurrency-related fraud losses amounted to more than $5.6 billion last year, according to reports from the FBI's Internet Crime Complaint Center.
Fraudsters claim to offer exceptional returns, exploiting famous names such as Elon Musk to increase their credibility, according to a report published by the "CNBC" website.
They also share fake ads on social media sites that include links to fake sites that appear similar to legitimate platforms.
Industry experts point out that advances in artificial intelligence technology make fraud more realistic even for professional investors, making it more difficult to distinguish between legitimate and fake offers.
While Bitcoin continues to attract investors around the world, caution and ensuring the credibility of any investment remain the only way to avoid losing money in increasingly sophisticated scams. /End9 To receive more news, subscribe to our channel on Telegram[/rtl]
» PM stresses Iraq's aspiration to strengthen cooperation and partnership with the US within the Strat
» US dollar exchange rate increases in Iraq
» Iraq reviews cooperation with Honeywell in energy sector
» Environment: US withdrawal from Paris climate agreement threatens Iraq
» Users having a birthday today : dcbelanger
» Central Bank: Closing the electronic platform enhances financial stability
» UGT donates feasibility study to Iraq on bringing solar energy to homes
» "Oil Money Is Not Enough" Parliament's Finance
» "Oil Money Is Not Enough" Parliament's Finance
» Clarification of the importance of the Central Bank’s decision to ban the sale of real estate above
» Signing a memorandum of understanding with British Petroleum / BP regarding a program to evaluate th
» Al-Sudani receives in London the CEO of GE for the Europe, Middle East and Africa region
» Iraq, General Electric discuss energy initiatives
» Shell plans to increase investments in Iraq
» Iraq’s economic growth forecast for 2024: A promising path forward
» Parliamentary Finance: Banking reform enhances Iraq's global
» Localization.. Signs of positive development to support the national economy
» Experts call for activating the agriculture and industry sectors
» The Central Bank of Iraq directs banks to spread and expand their financial services
» Al-Sudani: British exports to Iraq exceeded $1 billion in 2024, and its companies concluded contrac
» Above $80.. New rise in oil prices
» Coordination Framework announces agreement to move forward with budget amendments to achieve "social
» I regret to inform you after 20 yrs of postings
» Central Bank of Iraq sells over $1.16 billion in foreign currency
» Iraq-China trade cooperation reaches $50 billion in 11 months
» Salih: Iraq ranks first in the world in the concentration of natural resources
» PM Advisor: The monetary enhancement mechanism will safeguard financial stability in the country
» Government Adviser: Non-Oil GDP Growth in 2024 Reaches Unprecedented Levels
» Parliament conforms to World Bank on the importance of government infrastructure in development
» PM: Restructuring government banks to ensure the availability of capabilities and openness with glob
» entral Bank: There is no financial problem threatening employees’ salaries and we have great capabil
» Basra crude achieves weekly gains amid rising oil markets
» The dollar falls against the dinar in Baghdad and Erbil with the closing at the beginning of the wee
» PM Al-Sudani eyes tourism as a cornerstone of Iraq’s non-oil economy
» PMF Chief: Iraq's armed forces at their strongest
» INA discusses exchange rates files, foreign transfers, and housing initiatives with the CBI governor
» Government Adviser: Non-Oil GDP Growth in 2024 Reaches Unprecedented Levels
» Parliament conforms to World Bank on the importance of government infrastructure in development
» Iraq exports oil worth over $5 billion to US in 11 months
» Iraq’s Ministry of Oil announces 2024 petroleum product sales
» US dollar exchange rate continues to decline in Iraq
» Iraq completes 400-kilometer security border wall with Syria
» Iraq collaborates with Ernst & Young on state-owned bank reforms
» Kurdistan records a significant increase in the number of imported cars during 2024
» The Ministry of Justice announces the implementation of the electronic payment system in all notary
» The Ministry of Justice counts the achievements and activities achieved during the past year accordi
» Central Bank: We have started working with the correspondent banking system
» Is the Ministry of Finance hiding the facts?.. An expert reveals the main reason for the shortage of
» Reconstruction: 2025 plan includes 70 external road projects
» Economist: The government is obligated to pay salaries as it is a matter of fate
» The Central Bank of Iraq opens new horizons in foreign transfers and enhances international financia
» Judge Zidane and Al-Sudani are the first to disclose their financial assets in 2025
» Oil Price: Trump's Team Considers 'Direct Sanctions' on Iraq That Will Hit Oil
» Parliamentary Integrity: The amounts recovered from the “theft of the century” do not exceed 5%, and
» Dinars entering the Ministry of Finance are 20% less than the amount it needs.. Iraqis start their n
» Mazhar Saleh: No salary crisis and financial reserves cover liquidity completely
» Central Bank announces major achievement in foreign transfers
» Confirmation that America is putting pressure on Al-Sudani to transform the Iraqi regime into "secul
» Warnings of the dangers of the Turkish-Zionist-American plan to destabilize Iraq
» Expert: Iraqi economy is stable despite changes in the dollar market
» Economist praises ASYCUDA automation system: A step towards achieving important resources
» More than $60 billion in Iraqi currency auction sales in 2024
» Is there a salary crisis in Iraq? Al-Sudani’s advisor explains
» The Central Bank decides to suspend withdrawals and deposits for four days
» Al-Sudani Office announces the implementation of the global ASYCUDA system to automate customs opera
» The leaders “reconciled” and the amendment of the electoral law is “a done deal”.. What does this da
» With the document .. MP Sand files a complaint against the Ministry of Finance .. for this reason
» Parliamentary Finance: The government is working to enhance non-oil revenues
» The 10 most indebted Arab countries in 2024.. This is Iraq's rank
» utube 12/27/24 MM&C MM&C Iraq Dinar News-Iraqs Wealth Fund-National Currency-Arab World Volume Tra
» utube 12/28/24 Iraq - CBI Governor Makes an Announcement, Digital Banking Expansion
» utube 12/29/24 MM&C MM&C Iraq Dinar News-Digital Transformation-Global Economic Power-USA-Imminent
» utube 12/31/24 MM&C MM&C Iraq Dinar News-Commemorative Coin?-Investment Attractive-Dollar Auction
» Al-Sudani chairs expanded meeting to review Oil Ministry projects
» Prime Minister stresses importance of investing best opportunities to maximize state revenues
» Prime Minister's Office announces implementation of ASYCUDA global system for automating customs ope
» Judiciary: Recovering 12 billion dinars for financial fraud crime
» US-Iranian Tension: Iraq Between Competition and Mediation Role After Trump’s Return
» MP confirms settlement of controversy over ministerial amendments
» National Union: Time is no longer sufficient for the dialogue on the oil and gas law to mature
» Economist: Relying on oil as a source of revenue will have serious consequences
» Al-Maliki: Repeated amendments to the election law weaken voter confidence in the political process
» Parliamentary Legal: Interrogating ministers and officials is still subject to political agreements
» Due to the American veto, Iraq suffers from a weak armament in the face of regional developments
» What is holding up the passage of the oil and gas law so far?
» New Cabinet Resolutions Package
» Experts speak to {Sabah} about the most important economic events in 2024
» Al-Sudani stresses the importance of review and investing the best opportunities to maximize state r
» With more than 30 billion dollars... a leap in the projects market in Iraq
» Central Bank of Iraq sells about $290 million in currency auction
» Customs: Our revenues increased by 128% during the current year
» Our Economic and Financial Vision for 2025 in Iraq
» How much of Iraq's electrical system has been lost due to the halt of Iranian gas?
» $31.7 billion is the increase in the value of its market projects in Iraq
» Turkmen gas will cover 50% of Iraq's stations' needs.. New details about the agreement
» Basra-Haditha oil pipeline.. will go to 5 countries and this is its value
» Early talk about postponing the elections is “evidence” of Iraq’s entry into the map of change in th
» New details on the incident of the "death of a US National Guard soldier" in Iraq - Urgent