By CBSMiami.com 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.

READ MORE: Seminoles Suspend Sports Betting After Court Rulings

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

READ MORE: Bob Dole, World War II Veteran, Senator & Presidential Nominee, Has Died At 98

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.

MORE NEWS: Banksy 'Charlie Brown' Sells For $4 Million, While Child Prodigy Thrills Crowd With His Artwork

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

CBSMiami.com Team