That Get Rich Quick Scheme Is a Scam More than 46,000 people lost over $1 billion in crypto to ‘get rich quick’ schemes reported the Federal Trade Commission (FTC), as cryptocurrency fast becomes a popular way to scam money from people. In a briefing with Ethnic Media Services on September 9, the FTC warned that scammers were coopting digital-based currencies like Bitcoin, Tether, and Ether to swindle people.