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7. Crypto Ponzi: Mining or Staking Pool Scams. In the cryptocurrency space, Ponzi scams often target mining and staking pools, taking advantage of investors eager to engage with blockchain technology.
Americans lost $5.6 billion to cryptocurrency scams in 2023, a 45% increase, the FBI said. ... Gen Z loses the most money to online scams, but people aged 55 to 64 are more ... tears on 'Today ...
People in the U.S. reported losing $5.6 billion to cryptocurrency scams in 2023, with older people hit the hardest, according to the FBI. The FBI’s first annual Cryptocurrency Fraud Report ...
In 2018, around US$1.7 billion in cryptocurrency was lost to scams, theft and fraud. In the first quarter of 2019, such losses rose to US$1.2 billion. [ 6 ] 2022 was a record year for cryptocurrency theft, according to Chainalysis , with US$3.8 billion [ 7 ] stolen worldwide during 125 system hacks, [ 8 ] including US$1.7 billion stolen by ...
Pig butchering cost Americans $5.6 billion last year. The term, used by scammers to describe crypto investment schemes, was especially apt in 2023, as losses increased 45% over the 2022 totals ...
Stephen Findeisen (born 1993 or 1994), [2] [3] better known as Coffeezilla, is an American YouTuber and cryptocurrency journalist who is known primarily for his channel in which he investigates and discusses online scams, usually surrounding cryptocurrency, decentralized finance and internet celebrities. [4]
Americans lost $5.6 billion in cryptocurrency scams in 2023, according to a new report released by the FBI on Monday. ... People withdraw or liquidate from their 401(k) or their IRA, and they'll ...
It's important to do your own due diligence here. Remember -- everyone thought FTX was a trustworthy cryptocurrency exchange until it collapsed in November 2022.