elawfirm

HoneyPot Scams

HoneyPot Scams

In the fast-evolving world of cryptocurrency, scammers are finding new ways to deceive investors, and HoneyPot Scams are among the most insidious. In a HoneyPot Scam, the scammer lures victims into buying tokens they can’t sell, trapping them with worthless assets. Attorney Jay Arnesen, CEO and Managing Partner of Elevate Legal Services, PLLC, is at […]

Crypto Scheme Alert: FBI Warns of Investment Scams

Crypto Scheme Alert: FBI Warns of Investment Scams

The world of cryptocurrency has been rocked by a recent warning from the FBI about the rise of sophisticated crypto schemes. These scams are causing significant financial losses for unsuspecting investors, prompting the Internet Crime Complaint Center (IC3) to issue an alert. As digital currencies gain popularity, fraudsters are developing increasingly clever tactics to exploit […]