Cryptocurrency scammers are preying on TikTok users, experts say. How to stay safe

Don’t give into scare tactics. If an 'investor' contacts you, they may try to convince you the investment will only work if you act right now. Or, if you’ve already sent them funds, they may threaten you with legal action if you don’t pay their fees. — Image by drobotdean on Freepik

Don’t be fooled by the allure of fast cash from cryptocurrency touted by TikTok users, experts say. Chances are it’s a scam.

The Better Business Bureau sounded the alarm of a growing number of con artists using TikTok to reel victims into cryptocurrency scams, which could lose people hundreds or even thousands of dollars.