The Wisconsin Department of Financial Institutions (DFI) has launched a publicly accessible tracker to stop cryptocurrency and other investment scams. The software relies on consumer complaints to collect key threat information and alert the public in order to "make it harder for perpetrators to defraud more investors."
The DFI recently revealed that according to victim reports from January 2022 to June 2024, Wisconsin residents lost nearly $3.55 million to financial fraud and cryptocurrency scams. (Cointelegraph) #zachxbt