Thousands may have lost out to crypto trading app.

Thousands of people are believed to have lost their savings after investing in a cryptocurrency trading app called iEarn Bot.

Experts who have investigated the company say it could be one of the largest crypto scandals to date.

Trading in cryptocurrencies has become popular, with people often promised large rewards over short periods.

But law enforcement agencies warn of a growing number of scams and recommend investors conduct "due diligence".

In Romania, dozens of high-profile figures, including government officials and academics, were persuaded to invest via the app because it was sponsored by Gabriel Garais, a leading IT expert in the country.

Source: www.bbc.com

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