After losing about two-thirds of their value in 2022, cryptocurrencies have regained a little of their market mojo since then — they're now worth about half what they were last April, according to TradingView. So you may be tempted to respond to one of the countless crypto sales pitches that land in your inbox and your browser, hoping that it's a real rally and not a dead-cat bounce.
Before you put your money at risk, however, the California Department of Financial Protection and Innovation has a new website worth visiting.
Launched Thursday, the DFPI's Crypto Scam Tracker is a searchable collection of the complaints the agency has collected about crypto offers that now seem too good to be true. The complaints have been reviewed by the agency but not verified, so it's a bit like a database of confirmed angry Yelp reviews. Nevertheless, it's valuable in at least three ways.
