Crypto Scammers Rip Off Billions as New Coins Emerge

Bloomberg Markets and Finance published this video item, entitled “Crypto Scammers Rip Off Billions as New Coins Emerge” – below is their description.

Jul.08 — An estimated 10,000 new types of crypto coins have been minted this year alone as countless people pile into tokes with the hopes of making it big. What is also big is the sheer number of scams taking place, with billions of dollars being taken annually. But most of the scams are so small in size that the authorities don’t even bat an eye, allowing swindlers to simply disappear. Joanna Ossinger reports on “Bloomberg Daybreak: Europe.”

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