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Crypto Scams Surge by 45% in 2023, FBI Reports | FinOracle

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    Bitcoin Whale Sells $46 Million Amid Price Drop

    Crypto Scams Surge by 45% in 2023, FBI Reports | FinOracle

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Home Cryptocurrency

Crypto Scams Surge by 45% in 2023, FBI Reports

In 2023, crypto scams rose by 45%, with $5.6 billion lost. FBI urges awareness and quicker fraud reporting.

by John Darbie
Wed, Sep 11, 2024 7:45am
in Cryptocurrency
• 2 mins read
13.9k
Crypto Scams Surge by 45% in 2023, FBI Reports | FinOracle

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Overview of Cryptocurrency Fraud Surge
The year 2023 marked a significant rise in cryptocurrency scams, with the FBI reporting a staggering 45% increase in fraud cases compared to the previous year. The allure of quick profits in the burgeoning cryptocurrency markets has unfortunately been accompanied by a spate of scams that have left many investors at a loss.

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