Saturday, June 14, 2025
No Result
View All Result
DOLLAR BITCOIN
Shop
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • Market & Analysis
  • DeFi
  • More
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet
DOLLAR BITCOIN
No Result
View All Result
Home Regulations

FBI Says Scams Targeting Crypto Users Skyrocketing in Severity and Complexity After $5,600,000,000 Lost in 2023

n70products by n70products
September 11, 2024
in Regulations
0
FBI Says Scams Targeting Crypto Users Skyrocketing in Severity and Complexity After $5,600,000,000 Lost in 2023
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


The U.S. Federal Bureau of Investigation (FBI) is detailing the rising scale and complexity of cryptocurrency fraud schemes.

In its newly launched Cryptocurrency Fraud Report for 2023, the FBI says its Web Crime Criticism Heart acquired 69,468 complaints involving crypto property final yr.

In accordance with the FBI, the reported losses amounted to greater than $5.6 billion, a forty five% rise relative to 2022.

“Prison actors exploit cryptocurrencies for all schemes, to incorporate tech assist, confidence and romance, funding, and authorities impersonation scams. Funding fraud was probably the most reported cryptocurrency scheme in 2023 and in addition noticed probably the most reported losses, with about $3.9 billion misplaced.”

yoy increase
Supply: FBI

Essentially the most susceptible demographic was the over-60 age group, reporting over 16,000 crypto-related complaints and incurring greater than $1.6 billion in losses in 2023.

over 60s
Supply: FBI

California, Florida and Texas had been the worst-affected states, recording the very best variety of complaints and witnessing the most important losses.

complaints by state
Supply: FBI

In accordance with the FBI, criminals exploit cryptocurrency because of its decentralized nature, the irrevocability of transactions and the numerous challenges that come up when following funds.

The FBI Director, Chris Wray, says,

“Scams concentrating on traders who use cryptocurrency are skyrocketing in severity and complexity. The easiest way to assist cease these crimes is for individuals to report them to ic3.gov [Internet Crime Complaint Center website], even when they didn’t undergo a monetary loss. The knowledge permits us to remain on prime of rising schemes and criminals’ use of the most recent applied sciences, so we will hold the American public knowledgeable and go after those that commit these crimes.”

Do not Miss a Beat – Subscribe to get e-mail alerts delivered on to your inbox

Verify Price Action

Comply with us on X, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp

Get Alerts

Disclaimer: Opinions expressed at The Each day Hodl are usually not funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your individual threat, and any losses you could incur are your duty. The Each day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Each day Hodl an funding advisor. Please observe that The Each day Hodl participates in online marketing.

Generated Picture: Midjourney





Source link

Tags: ComplexityCryptoFBILostscamsSeveritySkyrocketingTargetingusers
Previous Post

Bitcoin Price Battles to Extend Gains: Will It Clear $58K?

Next Post

Bitcoin (BTC) Analyst Expects $100,000 By December – Details

Next Post
Bitcoin (BTC) Analyst Expects $100,000 By December – Details

Bitcoin (BTC) Analyst Expects $100,000 By December – Details

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Premium Content

Crypto Trader Nets Over 335,000% Profits on New Solana-Based Memecoin in Just Five Days: Lookonchain

Crypto Trader Nets Over 335,000% Profits on New Solana-Based Memecoin in Just Five Days: Lookonchain

October 19, 2024
Economist Alex Krüger Issues BTC Warning, Says This Could ‘Send Prices Crashing’ After Spot Bitcoin ETF Approval

Economist Alex Krüger Issues BTC Warning, Says This Could ‘Send Prices Crashing’ After Spot Bitcoin ETF Approval

January 2, 2024
Dogecoin Restarts Rally: Is The Doge Hype Reigniting?

Dogecoin Restarts Rally: Is The Doge Hype Reigniting?

October 17, 2024
Ethereum Long-Term Bullish Structure At Risk – $2,700 Support Is Key for a $7K Target

Ethereum Long-Term Bullish Structure At Risk – $2,700 Support Is Key for a $7K Target

February 3, 2025
Funding Rates Hit New 2024 Lows—Is A Rally Still Possible?

Funding Rates Hit New 2024 Lows—Is A Rally Still Possible?

September 17, 2024
Tariff pause sparks crypto rally: Bitcoin tops $82K, ETH and XRP surge 13%

Tariff pause sparks crypto rally: Bitcoin tops $82K, ETH and XRP surge 13%

April 10, 2025

Recent Posts

  • Former Blockchain Exec Joins SEC As Director Of Trading And Markets
  • Vitalik Buterin Backs Lean Ethereum Proposal to Drive Quantum Security
  • Here Are the Possible Bearish Targets for Bitcoin After BTC Fails To Break Out Above Major Level, According to Crypto Analyst

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Blog
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • NFTs
  • Regulations
  • XRP

Recommended

Former Blockchain Exec Joins SEC As Director Of Trading And Markets

Former Blockchain Exec Joins SEC As Director Of Trading And Markets

June 14, 2025
Vitalik Buterin Backs Lean Ethereum Proposal to Drive Quantum Security

Vitalik Buterin Backs Lean Ethereum Proposal to Drive Quantum Security

June 14, 2025

© 2023 Dollar-Bitcoin | All Rights Reserved

No Result
View All Result
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • Market & Analysis
  • DeFi
  • More
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet

© 2023 Dollar-Bitcoin | All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Go to mobile version