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On July 2, 2025, the New Hampshire Securities Commission announced a major crackdown on cryptocurrency scams in the state. Commissioner Sarah Johnson revealed that multiple individuals and companies have been engaging in fraudulent activities related to cryptocurrencies, targeting unsuspecting investors.The Commission's investigation uncovered several schemes in which scammers were promising high returns on investments in various cryptocurrencies, only to disappear with investors' money. Many of these scams were being promoted through social media platforms and online forums, where individuals were lured in with promises of quick profits.In response to these findings, the Commission has issued cease and desist orders against several individuals and companies involved in these fraudulent activities. Commissioner Johnson emphasized the importance of investors being vigilant and conducting thorough research before investing in any cryptocurrency or blockchain-related project.The crackdown comes as the popularity of cryptocurrencies continues to rise, with more and more individuals looking to invest in this new and potentially lucrative asset class. However, with this increased interest comes the risk of scammers taking advantage of inexperienced investors.The Commission has urged anyone who believes they may have been a victim of a cryptocurrency scam to contact their office immediately. They have also advised investors to only work with licensed and registered brokers when dealing with cryptocurrencies, as this can help mitigate the risk of falling victim to fraud.Overall, the New Hampshire Securities Commission's efforts to crack down on cryptocurrency scams demonstrate their commitment to protecting investors and ensuring the integrity of the financial markets in the state. By raising awareness about the risks associated with cryptocurrencies and taking action against those engaging in fraudulent activities, the Commission aims to create a safer environment for investors to participate in this rapidly evolving sector.