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Top 10 Crypto Scams to Watch Out For. Scammers are constantly finding new ways to steal cryptocurrencies from unsuspecting users, taking advantage of the decentralized nature of the crypto industry.
According to the latest available data from the FTC, more than 46,000 people in the U.S. reported losing an accumulative $1 billion to crypto scams between January 2021 and June 2022. In 2021 ...
"The 3,000 people we've notified this year, 75% had no idea they were victims of fraud," Barnacle said. Americans lost $5.6 billion in cryptocurrency scams in 2023: FBI originally appeared on ...
In 2018, around US$1.7 billion in cryptocurrency was lost to scams, theft and fraud. In the first quarter of 2019, such losses rose to US$1.2 billion. [ 6 ] 2022 was a record year for cryptocurrency theft, according to Chainalysis , with US$3.8 billion [ 7 ] stolen worldwide during 125 system hacks, [ 8 ] including US$1.7 billion stolen by ...
NEW YORK (Reuters) -Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, pleaded not guilty on Thursday to U.S. criminal ...
The federal government received over 70,000 complaints of cryptocurrency scams in 2023. One woman who was defrauded out of thousands from her retirement account tells Isaac Lozano how she got scammed
The vast majority of people who reported losing money to crypto fraud involving a kiosk — or a crypto ATM — were over 60, according to the FBI. People in that age group lost more than $124 ...
The FBI's 2023 internet crime report shows crypto fraud cost investors almost $4 billion last year. One kind of scam, "pig butchering," has stolen at least $75.3 billion in crypto in recent years ...