The FBI has issued a warning about the rise in cryptocurrency scams, particularly affecting Californians, who lost over $1 billion in 2023. Common scams involve fake investment platforms, often promoted through social media or dating apps. Victims are lured into transferring funds into fraudulent accounts, typically involving cryptocurrencies like Tether or USD Coin. The FBI advises investors to avoid unsolicited investment offers and to research any potential investments thoroughly. The increasing complexity of these scams makes prevention crucial(