The Central Bank warned against investing in cryptocurrency

This article is from 1prime.ru and the original article can be read here

ST. PETERSBURG, May 18 – PRIME. People have the right to play with cryptocurrency “at their own peril and risk”, but they should not seriously invest in it – especially against the backdrop of growing fraud with this type of asset and the risk of losing all their funds, said the first deputy chairman CB Olga Skorobogatova.

“If people are serious about investing their money, then it should always be with the understanding that you can end up at zero overnight. And then you can’t do anything about it. By the way, the number of cryptocurrency fraud is growing on an accrual basis, because with such geopolitical changes, economic and financial, the cryptocurrency is also, in fact, controlled by someone, and the big question is who is behind this,” she said, speaking during the New Horizons educational marathon.

“Therefore, I always suggest to be very careful about this. If you want to play at your own peril and risk, probably every person has the right. If you want to seriously consider this as a means of investment, I would not recommend doing this,” she added.


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