Progress

Current status
adopted
18 Jul 2022 adopted

Scope

Implementers
United States of America
Policy Area
Other operating condition
Policy Instrument
Consumer protection regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national

Timeline of events

18 Jul 2022
adopted

FBI Crypto App Fraud Warning issued

On 18 July 2022, the US Federal Bureau of Investigations (FBI) issued a warning to financial institutions and investors regarding fraudulent cryptocurrency apps. In the warning, the FBI estimates the losses from crypto app-based fraud at over USD 42…

Source
Event type outline
Action type adoption
Government branch executive
Government body other regulatory body