FBI Reports 45% Rise in Crypto Fraud, $5.6 Billion Lost, 71% From Investment Scams

By Bitcoin.com - 1 month ago - Reading Time: 1 minutes

FBI Reports 45% Rise in Crypto Fraud, $5.6 Billion Lost, 71% From Investment Scams

The Federal Bureau of Investigation’s Internet Crime Complaint Center has revealed a sharp rise in cryptocurrency fraud complaints, with over 69,000 cases and $5.6 billion in losses. Investment scams accounted for 71% of these losses, highlighting the growing exploitation of digital currencies. The FBI further noted that crypto fraud represents nearly half of total losses. […]

Original source: Bitcoin.com