[2018-02-06] CFTC Warns on Crypto Retirement Fraud

[Rick Nolan]

The Commodity Futures Trading Commission (CFTC) released a new circular dated Feb. 2, stating consumers should be wary of cryptocurrency retirement accounts claiming to be approved by the Internal Revenue Service. CFTC is warning investors to be cautious of sales pitches touting “IRS approved” or “IRA approved” virtual currency retirement accounts.

Read more: https://hype.codes/us-regulator-warns-crypto-retirement-fraud