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 crisp emergence successful cryptocurrency fraud complaints, with implicit 69,000 cases and $5.6 cardinal successful losses. Investment scams accounted for 71% of these losses, highlighting the increasing exploitation of integer currencies. The FBI further noted that crypto fraud represents astir fractional of full losses. […]