Do you cover cryptocurrency scams?

No, our identity theft expense coverage does not reimburse cryptocurrency scams, as it’s not recognized as a legal tender. That’s why it’s one of the fastest growing cyber threats today, because criminals exploit the lack of regulation. 

If you believe you are the victim of a cryptocurrency scam, we recommend you: 

1. Report the crime to the FTC here
2. File a complaint with the FBI here
3. File a complaint with the Commodity Futures Trading Commission here
4. Submit a tip with the Securities and Exchange Commission here
5. Report the fraud to the company you use to send cryptocurrency (this is usually done online)
6. Be careful about recovery scams

To learn more about cryptocurrency scams, check out the FTC’s consumer advice page here