74-Year-Old Turned To Crypto After Pandemic Disrupted His Business — And Ended Up Losing $340K To A Scam

In a rising trend of cryptocurrency scams, senior citizens are increasingly falling victim, losing their life savings to fraudulent schemes. One such case is that of Naum Lantsman, a 74-year-old businessman who lost over $340,000 to a crypto scam operated by a company called SpireBit, NPR reports.