FBI: Cryptocurrency-related investment fraud increases 53% in 2023, reaching $3.94 billion

08/03/2024 08:04

Crimes involving cryptocurrency scams are on the rise, growing 53% year-over-year through 2023, according to the FBI’s latest Internet Crime Report. “Investment fraud involving cryptocurrencies increased from $2.57 billion in 2022 to $3.94 billion in 2023. These scams are designed to attract targets with the promise of substantial returns on investment,” the report said, adding that email scammers are Turning to cryptocurrencies to carry out their scams, illegal actors are increasingly using exchanges and other third parties to collect funds from victims. (blockworks)

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BitcoinistMay 25, 2022 6:03 am

FBI: Cryptocurrency-related investment fraud increases 53% in 2023, reaching $3.94 billion

More news about martin mizrahi

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‘Pharma Bro’ Martin Shkreli Traded Crypto Behind Bars – Here Are Some Reactions