We're here today to target a growing epidemic, and that is crypto investment fraud scams perpetrated by organized Chinese crime syndicates that successfully target Americans and victimize them. In 2024 alone, Americans were scammed out of more than $9 billion as a result of this cryptocurrency fraud. Experts estimate, because of underreporting, that it is as much as 15 times more than the $9 billion. It starts by weaponizing the very devices that you and I hold and use every day to. (00:26–00:37)
CLAIM
Asserts that Americans lost over $9 billion to cryptocurrency fraud in 2024.
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