SEC Issues Investor Alert on Crypto Asset Securities

The SEC's Office of Investor Education and Advocacy has issued an investor alert urging caution when considering investments in crypto asset securities. These investments can be highly volatile and speculative, and the platforms where they are traded may lack important protections for investors. Investors should be aware that those offering crypto asset investments or services may not be complying with applicable law, including federal securities laws. The risk of loss for individual investors who participate in transactions involving crypto assets remains significant. Fraudsters continue to exploit the rising popularity of crypto assets to lure retail investors into scams, often leading to devastating losses.