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From Super Bowl ads to Bitcoin ATMs, cryptocurrency seems to be everywhere lately. Although it’s yet to become a mainstream payment method, reports to the FTC show it’s an alarmingly common method for scammers to get peoples’ money. Since the start of 2021, more than 46,000 people have reported losing over $1 billion in crypto to scams – that’s about one out of every four dollars reported lost, more than any other payment method. The median individual reported loss? A whopping $2,600. The top cryptocurrencies people said they used to pay scammers were Bitcoin (70%), Tether (10%), and Ether (9%). Cryptocom defi wallet withdrawal fees Crypto.com’s trading fees are split into maker fees and taker fees:

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Relatively high minimum amounts for crypto savings accounts compared to other platforms (around 200$ depending on the currency) Crypto.com Wallet Among these cases was the investigation and settlement with Tether Holdings Limited, the issuer of the widely-used stablecoin USDT. The New York Attorney General’s Office claims that it wants to ensure that companies comply with regulatory standards and protect the interests of investors and consumers.