FBI investigating a rise in cryptocurrency scams

FBI investigating a rise in cryptocurrency scams

Assessment

Interactive Video

Social Studies, Business

University

Hard

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The video discusses the rise of various scams, particularly those involving cryptocurrency, and how the FBI is addressing these issues. It highlights the rapid increase in Bitcoin's value, which has led to a surge in scams. The FBI is using new methods to trace and prevent these scams, despite the challenges posed by the anonymity of cryptocurrency transactions. The video also provides statistics on the impact of these scams, emphasizing the significant financial losses they cause.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some types of scams mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the reported losses for employment scams involving cryptocurrency changed over the past year?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

Why do scammers prefer cryptocurrency for their operations?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the blockchain in tracking scams?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What proactive approach is the FBI taking to combat cryptocurrency scams?

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