Blackrock issues warning about rise in crypto investment scams As digital assets continue to gain popularity and attract more investors, scammers are also stepping up their game by preying on unsuspecting investors. Blackrock, the largest asset manager in the world, has raised concerns about the growing crypto investment scams that have infiltrated the market. KEY TAKEAWAYS: Crypto scams are on the rise, targeting retail investors with promises of quick returns. Blackrock warns investors to be cautious of fraudulent schemes and avoid sharing personal information or funds with unsolicited contacts. It is reported that a massive $10.5 trillion in assets under management (AUM) in the first quarter of the year.
