By Team

MIAMI (CBSMiami) – Florida Attorney General Ashley Moody is warning of a cryptocurrency scam going around on Facebook, Instagram and other social media platforms.

Victims are prompted to click on an advertisement for crypto trading and create an account on a legitimate exchange.

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Then they are directed to transfer those earnings to fake trading platforms.

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Moody said the fake sites may only operate for a short time, then victims are blocked from signing back into their account.

There are nearly 100 complaints of this type of scam.

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Moody said never take unsolicited offers to invest and do your research before wiring money or providing personal or financial information. Team