๐จ FBI Reports Record $5.6B Lost to Crypto Scams in 2023 ๐จ
The FBI's latest report reveals a staggering $5.6 billion lost to crypto scams in 2023โa 45% surge from last year. The top offender? Investment fraud, accounting for 71% of losses at $4 billion. The notorious "pig butchering" scam, where fraudsters build fake online relationships to lure victims into fraudulent investments, continues to devastate many.
๐ Whoโs Hit the Hardest?
Victims over 60 lost a heart-wrenching $1.6 billion, with California leading the nation in losses at $1.2 billion.
๐ก New Scam Alerts
From crypto kiosk scams ($189 million in losses) to fake job ads linked to human trafficking in Southeast Asia, the tactics are becoming more sinister. Beware of play-to-earn scams and fraudulent crypto recovery services that exploit victims further.
Stay informed. Stay safe. Protect your crypto.
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