Price woman shares warning after losing hundreds in cryptocurrency scam

 Price woman shares warning after losing hundreds in cryptocurrency scam

PRICE, Utah — A Price woman is sharing her story after she was scammed out of hundreds of dollars in a cryptocurrency scheme.

READ: China declares all cryptocurrency transactions illegal, causing Bitcoin prices to fall

Crystal Racassi says a woman befriended her on Facebook, and told her about a great opportunity to invest in Bitcoin.

“Facebook actually was how it started, a girl reached out to me, started talking to me, it was like a friendship,” said Racassi.

Crystal was instructed by a company out of the UK to put $300 into a cryptocurrency app, Coinbase. She did, and then sent those funds to the company. Not only did she never get back the initial investment, but she was asked to pay a fee to withdraw her money.

Racassi eventually realized she had been scammed.

Cryptocurrencies like Bitcoin and Ethereum are becoming more mainstream, and for some, have led to a big pay day. As more people look to invest in the digital currency,…

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