Crypto News: Scammers Impersonate the US Department of State, MicroStrategy Buys-Sells-Buys Bitcoin
Cryptocurrency scammers are at it again, this time impersonating the US US Department of State in an attempt to steal funds. In other news, MicroStrategy has made three different bitcoin purchases in the past few days.
1.Scammers impersonate the US Department of State in order to steal cryptocurrency.
Cryptocurrency scammers have been caught impersonating the United States Department of State in order to steal money from people. In one recent case, a scammer posed as a State Department employee and convinced a victim to send them $5,000 worth of cryptocurrency. The scammer then promised to return $8,000 back to the victim, but never did.
This is just one example of the many scams that are being run using cryptocurrencies. Scammers are taking advantage of the fact that many people are still unfamiliar with how cryptocurrencies work, and are thus more likely to fall for scams.
If you are thinking about investing in cryptocurrencies, be sure to do your research first and only invest money that you can afford to lose. And if you ever receive a suspicious message or phone call asking for money, be sure to verify the legitimacy of the source before sending anything.
2.MicroStrategy buys and sells Bitcoin in order to take advantage of price fluctuations.
MicroStrategy has been buying and selling Bitcoin in order to take advantage of price fluctuations. They believe that Bitcoin is a good investment, and they want to make sure that they are taking advantage of the market.
3.Bitcoin’s value continues to rise despite scams and price fluctuations.
Bitcoin’s value has continued to rise in spite of scams and price fluctuations. This is likely due to the fact that Bitcoin is a decentralized currency with a limited supply. Unlike traditional currencies, Bitcoin is not subject to the whims of governments or central banks. This makes it a more stable investment option, and ensures that its value will continue to rise over time.
It is clear that cryptocurrency is still a hot topic, with scammers and businesses alike trying to capitalize on the trend. Whether or not bitcoin will continue to rise in value remains to be seen, but for now it seems to be a volatile investment.