The TRM Labs report shows that in 2022, global cryptocurrency MLM and Ponzi schemes caused a total loss of US$7.8 billion. In addition, US$1.5 billion in cryptocurrency was used for illegal activities on the dark web, and another US$3.7 billion in cryptocurrency was lost due to hackers or vulnerabilities. A total of US$9.04 billion in cryptocurrency was sent to various financial fraud schemes.

The 10 largest crypto Ponzi and MLM schemes accounted for around 54% of the total amount, and 40% of the total investment fraud schemes occurred on Tron, mainly through USDT, compared to just 17% in 2021.