Crypto Fraud Losses in 2023: States Most Affected
Thursday, 12 September 2024, 03:37
Crypto Fraud Losses in 2023
The year 2023 saw an alarming surge in crypto fraud losses, totaling a staggering $5.6 billion. Various states were particularly vulnerable to the schemes perpetrated by fraudsters. Understanding the trends in these losses is crucial for investors and enthusiasts alike.
States Most Affected
- California
- Texas
- Florida
These states experienced the most significant financial impacts from cryptocurrency-related scams. The variety of tactics used by scammers ranges from phishing to Ponzi schemes.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.