Investors Lost Record High $5.6B to Crypto Scams in 2023, FBI Says

According to the report published Monday, investment fraud was the most pervasive – and expensive – type of crypto-related fraud in 2023. Of the more than 69,000 reports of crypto-related crime the agency received last year, nearly half were reports of investment fraud, and investment fraudsters made off with a whopping $4 billion. And while crypto crimes only made up about 10% of the complaints the FBI received, the $5.6 billion figure was roughly half the overall loss by complainants.

Source: https://www.coindesk.com/policy/2024/09/09/investors-lost-record-high-56b-to-crypto-scams-in-2023-fbi-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines