Cryptocurrency scams are on the rise as more people jump on the new investing trend

By: CBS 58 Newsroom

Posted: Apr 4, 2022 5:52 AM CST

NOW: Cryptocurrency scams are on the rise as more people jump on the new investing trend

MILWAUKEE (CBS 58) -- Cryptocurrency is the new popular trend in investing, but the digital payment system is creating the perfect opportunity for scammers too.

Jim Temmer is the president of Wisconsin's Better Business Bureau, and he joined CBS 58 on Monday, April 4 to talk about why cryptocurrency scams are on the rise lately.

And if you're unfamiliar with the currency, Temmer explains what it is and how it works.