CFTC teams up with multiple agencies to crack down on government imposter scams
The CFTC has issued a warning about scammers impersonating its inspectors to exploit previous fraud victims. These fraudsters promise to help recover lost funds in exchange for upfront fees or asset transfers. The agency emphasizes that legitimate government officials will never solicit payments for recovery assistance.
- ▪Scammers are posing as CFTC staff to extract money from previous fraud victims.
- ▪Victims are contacted and asked to pay upfront fees to recover their stolen funds.
- ▪The FTC reported that consumers lost approximately $2.95 billion to impersonation scams in 2024.
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CFTC teams up with multiple agencies to crack down on government imposter scams The commodities regulator is warning that scammers are impersonating its own inspectors to steal crypto from fraud victims, adding insult to very expensive injury. Share Add us on Google by Editorial Team May. 26, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); If you’ve already been scammed once in crypto, congratulations: you’re now a prime target for…
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