California Department of Financial Protection and Innovation Announces 24 Types of Cryptocurrency Scams, Urging Community Vigilance

The California Department of Financial Protection and Innovation (DFPI) has announced 24 types of cryptocurrency scams, urging the community to remain vigilant. These include: prepaid scams, affinity scams, asset recovery scams, bait-and-switch scams, Bitcoin mining scams, crypto ransomware scams, crypto gaming scams, crypto job scams, impersonation scams, high-yield investment programs, investment group scams, liquidity mining/liquidity mining scams, pig butchering scams, crypto giveaways/airdrop scams, ransomware, etc.