SEC — Bitcoin and Virtual Currency-Related Investments

**URL:** https://www.sec.gov/resources-for-investors/investor-alerts-bulletins/investoralertsia_bitcoin

Key quotes

Investments involving Bitcoin may have a **heightened risk of fraud**.

If fraud or theft results in you losing bitcoins, you may have **limited recovery options**.

Bitcoin users may be targets for fraudulent or high-risk investment schemes.

YMYL implications

- **YY05/YY06:** Risk disclosure required on money pages

- **YY08:** No guaranteed returns marketing

- **YY19:** Fraud pattern awareness for reputation audit