Cryptocurrency investment is one of the top five scam schemes that are likely to trap investors in 2020, according to report from the North American Securities Administrators Association (NASAA).
The NASAA, the global investor protection organization, surveyed state and provincial securities regulators across the United States, Canada and Mexico.
Alongside crypto-related investments, the top areas of concern for 2020 also include promissory notes, real estate investments, Ponzi schemes as well as online and social media investment schemes, the NASAA warned.
“No one can guarantee an investment return. Anyone who says their investment offer has no risk is lying,” NASAA president Christopher Gerold says.