Beware of Scams: BlackRock Confirms No Social Media Investment Solicitations

American multinational investment giant – BlackRock – has recently reported a significant increase in investment-related scams, particularly those that direct individuals to crypto investment websites or social media platforms like WhatsApp and Telegram.

“BlackRock and our firm’s executives never contact anyone through any social media platforms with investment offerings or to solicit payment of any kind. Please remain vigilant and if you suspect fraudulent activity, do not proceed.”a significant portion of trading volume among the 11 spot Bitcoin ETFs launched in January.

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