BlackRock Issues Urgent Warning on Rising Crypto Scams

Investor Alert: BlackRock Highlights Spike in Crypto Fraud

The famous asset management firm BlackRock has issued a strict alert to investors regarding an increase in crypto scams related to its iShares Bitcoin and Ether ETFs. The New York-based firm is cautioning its clients especially against fake impersonators on social media platforms like WhatsApp and Telegram.

On July 29, BlackRock pointed out an increase in a significant number of fraud cases where individuals or companies posed as representatives of BlackRock. These fraudsters usually lure their victims with the prospects of training or a good investment opportunity.

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