US Senator Urges Treasury Secretary Yellen to Take Action on Cryptocurrency Scams to Protect Investors

U.S. Senator Rick Scott has urged Treasury Secretary Janet Yellen to take action on cryptocurrency scams, which he said have risen 1,000% in the past year and cost consumers at least $80 million. “This is an unregulated industry, and the alarming amount of criminal activity surrounding cryptocurrency demands action,” he told Yellen.
US Senator Urges Treasury Secretary Yellen to Take Action on Cryptocurrency Scams to Protect Investors