An ex-cop fell for Alice. Then he fell for her $66 million crypto scam....
As cryptocurrency investment in the United States skyrockets, Jenkins’s story is no longer a rarity. Scams are rapidly multiplying in the lightly regulated province of crypto, experts say, each boosted wallet and disappeared dollar underscoring just how mainstream the thievery has become. The Federal Trade Commission estimates that Americans lost $750 million to crypto scams in 2021,
and the number could rise this year.