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  2. The FBI says crypto fraud cost Americans $5.6 billion a year ...

    www.aol.com/finance/fbi-says-crypto-fraud-cost...

    The FBI says that while crypto fraud complaints only make up about 10% of financial fraud reports, they comprise 50% of total losses—about $5.6 billion in 2023 alone, according to the agency’s ...

  3. Violent crypto robberies soar—spurring demand for ‘wrench ...

    www.aol.com/finance/violent-crypto-robberies...

    This risk of crooks using physical force to steal crypto is a long-standing concern for Lopp and others deeply enmeshed in the crypto scene. So much so that there is a common term for it: wrench ...

  4. 3 crypto scams that could cost you thousands - AOL

    www.aol.com/finance/3-crypto-scams-could-cost...

    An airdrop basically places tokens in your crypto wallet, and a crypto project’s creators may do so to help grow a grassroots network of supporters, says Alan Eschweiler, the chief operating ...

  5. Cryptocurrency - Wikipedia

    en.wikipedia.org/wiki/Cryptocurrency

    A cryptocurrency, crypto-currency, or colloquially, crypto, is a digital currency designed to work through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it.

  6. Cryptocurrency and crime - Wikipedia

    en.wikipedia.org/wiki/Cryptocurrency_and_crime

    Centralized exchanges have to register as money transmitters, with the exact definition of who and what constitutes a money transmitter in the crypto sphere being somewhat blurred and regulations differing between the different states of the U.S. [106] An important exemption from these regulations is decentralized exchanges due to the fact that ...

  7. Bitcoin and politics - Wikipedia

    en.wikipedia.org/wiki/Bitcoin_and_politics

    The declaration includes a message of crypto-anarchism with the words: "Bitcoin is inherently anti-establishment, anti-system, and anti-state. Bitcoin undermines governments and disrupts institutions because bitcoin is fundamentally humanitarian." [70] [71] Steve Bannon, who owns a "good stake" in bitcoin, considers it to be "disruptive ...

  8. Activist investor Elliott Management says crypto is facing an ...

    www.aol.com/finance/activist-investor-elliott...

    The legendary activist firm warned that crypto is leading a market frenzy that has investors “acting like a crowd of sports bettors” by flocking to entirely speculative assets.

  9. Environmental impact of bitcoin - Wikipedia

    en.wikipedia.org/wiki/Environmental_impact_of...

    Bitcoin mining facility in Quebec, Canada. The environmental impact of bitcoin is significant.Bitcoin mining, the process by which bitcoins are created and transactions are finalized, is energy-consuming and results in carbon emissions, as about half of the electricity used in 2021 was generated through fossil fuels. [1]

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