NEW YORK — Authorities in New York City said Thursday they disrupted an online fraud operation that stole millions of dollars by duping victims into making phony cryptocurrency investments.
He urged people not to trust crypto investments that seem too good to be true and warned against downloading apps from unverified crypto websites. One victim, a 51-year-old woman, reported to police last year that she lost $22,680 after she was added to online chat groups discussing crypto investments.