As Bitcoin has reached an all-time high, FBI Baltimore Special Agent David Paniwozik has seen an increasing number of criminals trying to cash in on cryptocurrency scams. "They want to get involved and try to make money, which seems like a quick and easy way to do it," said SA Paniwozik. A major problem is that investors remain unfamiliar with the technology, making them more vulnerable to scams. SA Paniwozik warns: "Whether you want to transfer $1, hundreds of millions of dollars or billions of dollars, there is no cap. You can seamlessly move it from a US-controlled wallet to one controlled overseas in just a few seconds. Scammers set up their own cryptocurrency exchanges to convince you that your investments are growing exponentially, or they say you have to pay cryptocurrency to'unlock 'jobs that offer high returns."