U.S. Investors Cautioned About Crypto Scams in Metaverse

Companies are making investments, transacting in real estate, and using digital assets and nonfungible tokens, all inside metaverse virtual worlds. The lack of regulations in the metaverse and the ability to operate from any location, puts real world investor assets at risk of theft, hacking, and other fraudulent schemes. This article discusses the increasing risk of crypto scams in the metaverse and includes advisory from the North American Securities Administrators Association (NASAA) highlighting current metaverse investment scams and ways that investors can protect themselves.

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