As bitcoin surges in price and popularity, so do the complaints

Source: Luke Graham, CNBC

Virtual currencies such as bitcoin are becoming more and more popular as an alternative investment thanks to their rising value, but as more consumers engage with it, so are the number of complaints against tech companies offering digital currency products.

The number of complaints about virtual currencies filed with the U.S. Consumer Financial Protection Bureau (CFPB) has increased from seven last year to a projected 425 this year, according to a report from online loan refinancing marketplace LendEDU, published on Tuesday.

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