The #US Federal Bureau of Investigations recorded a 45% uptick in losses tied to crypto scams in 2023, according to an annual financial fraud report.

The FBI's Internet Crime Complaint Center received over 69,000 crypto-related complaints which resulted in $5.6 billion in losses in 2023, the agency said in its annual report. Crypto accounted for 10% of total financial fraud complaints and about half of the total losses.

People over the age of 60 filed the most complaints in 2023, followed by consumers in their 30s and 40s. Investment scams were the most reported crime, according to the report.

Source : theblock

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