California Governor Namedrops Bitcoin in Speech About ‘Terribly Unhealthy Individuals’
Newsom went on elevating the general public’s consciousness and understanding that “extraordinary individuals, who do extraordinary dangerous issues,” are apparently benefiting from the pandemic, and additional defined:
“That doesn’t simply embody an interface with the federal government, however individuals claiming that we have to ship the equal of Bitcoin prematurely to get some supplies earlier than they will ship them. Questionable actions like that.”
Crypto fraudsters attempt to profit on the coronavirus-driven panic
Newsom thus joined the ranks of different international authorities, who’re involved of cryptocurrency fraudsters making an attempt to capitalize on the widespread coronavirus fears. Extra lately, the US Commodity Futures Buying and selling Fee cautioned the general public that scammers generally use main information occasions just like the unfold of COVID-19 in an effort to add credibility to their rip-off schemes or manipulate feelings.
The UK police additionally issued a warning in opposition to COVID-19 scammers, after it recognized 21 circumstances of fraud involving the virus, earlier in March.