Fred's experience reveals the vulnerability of crypto users, especially novices, to scams facilitated by misleading ads on Google, which can easily lead to financial loss.
Fred was lured into a scam after mistakenly calling a fake customer service number he found in a Google ad, leading to significant financial losses.
The scam highlights a broader issue of how Google allows fraudulent entities to advertise on its platform, putting unsuspecting users at risk of scams.
Frustrated by the scam, Fred criticized both Coinbase for their lack of security measures and Google for permitting misleading advertisements that enable fraud.
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