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Bitcoin.com 2024-09-09 22:20:37

FBI Reports 45% Rise in Crypto Fraud, $5.6 Billion Lost, 71% From Investment Scams

The Federal Bureau of Investigation’s Internet Crime Complaint Center has revealed a sharp rise in cryptocurrency fraud complaints, with over 69,000 cases and $5.6 billion in losses. Investment scams accounted for 71% of these losses, highlighting the growing exploitation of digital currencies. The FBI further noted that crypto fraud represents nearly half of total losses.

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