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Revenue in 2024 from crypto scams was at least $9.9 billion, although the figure could rise to a record high of $12.4 billion once more data becomes available, it said.
The FBI says that while crypto fraud complaints only make up about 10% of financial fraud reports, they comprise 50% of total losses—about $5.6 billion in 2023 alone, according to the agency’s ...
Invest in well-known, reputable cryptos. “Invest in a tried-and-tested project that has been around for a while,” says Guillaume. “Or invest in protocol creators who have a track record of ...
In 2024, crypto fraud is estimated to reach US$12.4 billion, of which high-yield investment program (HYIP) scams and pig butchering scams contributed 50.2% and 33.2% respectively, and pig butchering scams grew at the rapid rate of 40% over previous one year. [126]
Explore: 4 Genius Things All Wealthy People Do With Their Money. Indeed, as of July 2, AI-related tokens, or “cryptocurrencies that power AI-related projects,” as CoinGecko puts it, had a ...
For the time being, I think investors are right to try to pinpoint which crypto projects may be the best beneficiaries to ride higher during this AI-driven bull market in risk assets.