Scammers stole $2.3 billion in cryptocurrencies in 2024
With the help of refined techniques, scammers took an enormous amount of money in cryptocurrencies during the year 2024. In total, $2.3 billion was drained from victims around the world, mainly from newcomers to the crypto market.
According to a recent report from the digital security firm Kaspersky, various types of scams combined this year. Among the most popular is the one related to seed phrases, but others like pig butchering also had great prominence. Scammers spread across different social media platforms and messaging and dating applications.
It is worth noting that losses from scams were the highest in several years. Despite this, they were 37% below the record of $3 billion in 2022. Access control violations solidified as the main practice of scammers, with 67 incidents resulting in losses of approximately $1.9 billion.