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Uruguay’s Interior Ministry has launched a campaign called “Fake Coins: Cryptocurrency Scams” to inform citizens about the types of scams in the cryptocurrency industry.
The program was launched in partnership with El Paccto and the [email protected] network to raise public awareness of the most common types of crimes related to digital assets. The examples are real cases recorded in 17 countries in Latin America and Europe.
The global goal of the educational initiative is to enable citizens to receive up-to-date information about the most common crimes with crypto assets, identify and prevent them in advance.
“Fake Coins” classifies fraud into different types depending on the direction. Among them are the use of fake platforms, phishing, involvement in “Ponzi schemes”, email promotions and so on.
In addition to Uruguay, the campaign was supported by police departments and prosecutors in 17 countries, including Argentina, Bolivia, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Spain, Guatemala, Honduras, Mexico, Panama, Paraguay, Peru, Portugal and the Dominican Republic.
In January, Uruguay became the eleventh South American country where citizens can buy and sell cryptocurrencies using crypto ATMs.
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