Foreign media: People who are induced to invest in virtual currencies or FX investment disputes frequently occur on social networking sites
A joint statement by the social media (SNS) warns strongly against the increasing number of disputes related to investment in virtual currency or foreign exchange margin trading (FX) induced on social media. The statement reminds people that there is no such thing as a guaranteed profit. In 2022, there were 5,623 consultations related to virtual currency and 2,536 consultations related to FX, with even more consultations received in 2023. The consultations were more prevalent among people in their forties and fifties, while it was also evident that people in their twenties were falling prey to virtual currency scams.
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