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In 2023, 16,806 Americans aged 60 and older contacted the Internet Crime Complaint Center to report they had fallen victim to scams. The total loss? A staggering $1,648,455,748. Sadly, all of ...
Losses from cryptocurrency-related frauds and scams increased 45% in 2023 from 2022, totaling more than $5.6 billion, as scammers increasingly took advantage of the speed and irreversibility of ...
LUKE BARR. September 9, 2024 at 1:08 PM. Americans lost $5.6 billion in cryptocurrency scams in 2023, according to a new report released by the FBI on Monday. Scammers use elaborate tactics to ...
A pig butchering scam, a.k.a. "Sha Zhu Pan" [114] or Shazhupan, [115] (Chinese: ĉçŞç), translated as Killing Pig Game, [113] is a type of long-term scam and investment fraud in which the victim is gradually lured into making increasing contributions, usually in the form of cryptocurrency, to a fraudulent cryptocurrency scheme. [116]
November 9, 2021. James "Jimmy" Zhong is an American man who was convicted in 2022 for stealing over 51,680 bitcoin (then worth about $620,000; [2] value as of 2023 approximately $3.4 billion [3]) from the online black market Silk Road between 2012 and 2014. [4] Zhong, who was closely monitoring the early development of bitcoin, [5] had found ...
Sam Bankman-Fried. Samuel Benjamin Bankman-Fried[2] (born March 5, 1992), commonly known as SBF, [3] is an American entrepreneur who was convicted of fraud and related crimes in November 2023. Bankman-Fried founded the FTX cryptocurrency exchange and was celebrated as a "poster boy" for crypto, [4] with FTX having a global reach with more than ...
Americans lost $5.6 billion to cryptocurrency scams in 2023, a 45% increase from 2022. The FBI's 2023 cryptocurrency fraud report highlights the rise in crypto investment scams. People over 60 ...
Coffeezilla. Stephen Findeisen, better known as Coffeezilla, is an American YouTuber and crypto journalist who is known primarily for his channel in which he investigates and discusses online scams, usually surrounding cryptocurrency, decentralized finance and internet celebrities. [2]