Watch Out for Libra Scams
Facebook and Libra have dominated the crypto news since its announcement in June.
It’s big news… I’ve written about it here, here, here and here.
Regulators have been up in arms about the project. It seems to be on hold. Yet scams abound. Find out more below.
The Washington Post had an interesting piece out today on the wave of fakes pretending to represent Facebook or Libra.
This is crypto 101 folks… be aware of scams.
Dozens of fake accounts are popping up on Facebook and Instagram. Facebook can’t take them down fast enough.
Obviously, there work on privacy is still extremely poor.
These fakes are doing things like offering discounts and creating urgency through special offers.
Don’t fall for any of them.
This is just like the ICO craze of 2017, just in a different form.
Do your due diligence or be prepared to part with your money.
Oh, and buy BTC !!!
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