Cryptocurrency scammers use social media to target new victims Feds see massive spike in cryptocurrency scams Tags: Cryptocurrency scammer using social media to target new victims DETROIT – Bitcoin is the most common form of cryptocurrency on the market but there are many others to choose from and different exchanges to trade them. Danielle and Chris Girt put $500 into what they thought was a Bitcoin investment on Facebook. It turned out to be a scam. “In the beginning, everything was kind of lining up legitimate, that was initially. When we started to get really skeptical was when they requested more money in order to even get a withdrawal,” Danielle Girt said.