Crypto Fraud: Americans Experience Record Losses in 2023
Crypto Fraud Statistics
The recent report from the FBI reveals alarming statistics surrounding cryptocurrency scams. Americans lost $5.6 billion to crypto scammers last year, marking a staggering 45% increase from the previous year.
Increase in Crypto Scam Complaints
According to the FBI, there were over 69,000 complaints related to cybercrime and financial fraud linked to cryptocurrency. Director Christopher Wray emphasized the necessity of reporting any suspicions to the FBI's Internet Crime Complaint Center, even without financial loss.
- Report fraud promptly
- Stay informed about prevalent scams
- Use trusted platforms for transactions
In facing these rising threats, it is crucial for investors and users in the crypto space to remain cautious and informed.
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.