The Economist has highlighted the escalating issue of cryptocurrency-related fraud, with losses reaching $5.6 billion in 2023—a 45% increase from the previous year. Investment scams are the most prevalent, accounting for 71% of these losses. Notably, individuals over 60 suffered the most, with losses totaling over $1.6 billion. The rapid, irreversible nature of crypto transactions makes them attractive to criminals, leading to sophisticated, corporate-like scam operations. This surge in fraudulent activity has significantly damaged public trust in cryptocurrencies, prompting calls for stricter regulations to protect investors and ensure market integrity.
LIVE
Mkt Cap $2.29T
BTC Dom 56.78 %
BTC
$64,838.00
▲ +0.90%
ETH
$1,912.67
▲ +0.50%
USDT
$0.999519
▲ +0.00%
BNB
$591.32
▲ +0.10%
USDC
$0.99974
▲ +0.00%
XRP
$1.02
▼ -1.40%
SOL
$73.58
▲ +1.40%
TRX
$0.327474
▲ +0.10%
FIGR_HELOC
$1.03
▲ +2.30%
HYPE
$54.17
▼ -3.60%
DOGE
$0.069661
▲ +1.00%
USDS
$0.999937
▲ +0.00%
RAIN
$0.012713
▲ +1.20%
LEO
$9.76
▲ +0.00%
ZEC
$509.36
▲ +3.30%
ADA
$0.200111
▲ +0.10%
XMR
$379.29
▲ +2.40%
WBT
$56.09
▲ +0.70%
LINK
$8.17
▲ +0.00%
XLM
$0.161203
▼ -0.20%
DAI
$0.999796
▲ +0.00%
BCH
$214.57
▲ +1.00%
USD1
$0.999889
▲ +0.00%
USDE
$0.999739
▲ +0.00%
GRAM
$1.35
▼ -1.40%
Mkt Cap $2.29T
BTC Dom 56.78 %
BTC
$64,838.00
▲ +0.90%
ETH
$1,912.67
▲ +0.50%
USDT
$0.999519
▲ +0.00%
BNB
$591.32
▲ +0.10%
USDC
$0.99974
▲ +0.00%
XRP
$1.02
▼ -1.40%
SOL
$73.58
▲ +1.40%
TRX
$0.327474
▲ +0.10%
FIGR_HELOC
$1.03
▲ +2.30%
HYPE
$54.17
▼ -3.60%
DOGE
$0.069661
▲ +1.00%
USDS
$0.999937
▲ +0.00%
RAIN
$0.012713
▲ +1.20%
LEO
$9.76
▲ +0.00%
ZEC
$509.36
▲ +3.30%
ADA
$0.200111
▲ +0.10%
XMR
$379.29
▲ +2.40%
WBT
$56.09
▲ +0.70%
LINK
$8.17
▲ +0.00%
XLM
$0.161203
▼ -0.20%
DAI
$0.999796
▲ +0.00%
BCH
$214.57
▲ +1.00%
USD1
$0.999889
▲ +0.00%
USDE
$0.999739
▲ +0.00%
GRAM
$1.35
▼ -1.40%
BTC
$64,838.00
▲ +0.90%
ETH
$1,912.67
▲ +0.50%
USDT
$0.999519
▲ +0.00%
BNB
$591.32
▲ +0.10%
USDC
$0.99974
▲ +0.00%
XRP
$1.02
▼ -1.40%
SOL
$73.58
▲ +1.40%
TRX
$0.327474
▲ +0.10%
FIGR_HELOC
$1.03
▲ +2.30%
HYPE
$54.17
▼ -3.60%
DOGE
$0.069661
▲ +1.00%
USDS
$0.999937
▲ +0.00%
RAIN
$0.012713
▲ +1.20%
LEO
$9.76
▲ +0.00%
ZEC
$509.36
▲ +3.30%
ADA
$0.200111
▲ +0.10%
XMR
$379.29
▲ +2.40%
WBT
$56.09
▲ +0.70%
LINK
$8.17
▲ +0.00%
XLM
$0.161203
▼ -0.20%
DAI
$0.999796
▲ +0.00%
BCH
$214.57
▲ +1.00%
USD1
$0.999889
▲ +0.00%
USDE
$0.999739
▲ +0.00%
GRAM
$1.35
▼ -1.40%
Mkt Cap $2.29T
BTC Dom 56.78 %
BTC
$64,838.00
▲ +0.90%
ETH
$1,912.67
▲ +0.50%
USDT
$0.999519
▲ +0.00%
BNB
$591.32
▲ +0.10%
USDC
$0.99974
▲ +0.00%
XRP
$1.02
▼ -1.40%
SOL
$73.58
▲ +1.40%
TRX
$0.327474
▲ +0.10%
FIGR_HELOC
$1.03
▲ +2.30%
HYPE
$54.17
▼ -3.60%
DOGE
$0.069661
▲ +1.00%
USDS
$0.999937
▲ +0.00%
RAIN
$0.012713
▲ +1.20%
LEO
$9.76
▲ +0.00%
ZEC
$509.36
▲ +3.30%
ADA
$0.200111
▲ +0.10%
XMR
$379.29
▲ +2.40%
WBT
$56.09
▲ +0.70%
LINK
$8.17
▲ +0.00%
XLM
$0.161203
▼ -0.20%
DAI
$0.999796
▲ +0.00%
BCH
$214.57
▲ +1.00%
USD1
$0.999889
▲ +0.00%
USDE
$0.999739
▲ +0.00%
GRAM
$1.35
▼ -1.40%
