The reporting of crypto scams in the United States is currently handled by a patchwork of agencies that should be streamlined to better protect consumers, says Coinbase chief security officer Philip Martin.
“It’s a very fragmented ecosystem. Where do you report these things? Well, you go here, you go there, you go somewhere else,” Martin told Cointelegraph at the SXSW conference in Austin, Texas.
“I’d love to see that addressed and really brought under one umbrella, and that then helps us get a better idea of the magnitude of the problem.”
“That then helps drive resources from the whole federal government to do more to address some of the underlying causes, he added.
The US has dozens of federal and state-level agencies that handle reports of financial and internet crimes, one of which is the FBI’s Internet Crime Complaint Center (IC3), which gives victims a way to report