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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 ...
November 9, 2023 at 4:01 PM. A major bank has issued a warning about crypto investment scams, with victims standing to lose more than £10,000 on average and young adults often being particularly ...
A cryptocurrency, crypto-currency, or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it.
The Immunefi Crypto Losses 2022 Report lists industry losses from frauds and hacking as a combined total of US$3.9 billion for the year, and at US$8 billion for 2021. Notable thefts. In 2018, around US$1.7 billion in cryptocurrency was lost to scams, theft and fraud. In the first quarter of 2019, the amount of such losses rose to US$1.2 billion.
For crypto, November has been the cruelest month. Things got started with a blast Nov. 2, when scam artist Sam Bankman-Fried was convicted on seven fraud and conspiracy counts related to his ...
Pages in category "Cryptocurrency scams". The following 13 pages are in this category, out of 13 total. This list may not reflect recent changes .
The California Department of Financial Protection and Innovation has compiled a searchable collection of complaints about apparent crypto scams. Before investing in crypto, check out California's ...
Scam. A scam, or a confidence trick, is an attempt to defraud a person or group after first gaining their trust. Confidence tricks exploit victims using a combination of the victim's credulity, naïveté, compassion, vanity, confidence, irresponsibility, and greed. Researchers have defined confidence tricks as "a distinctive species of ...