The Cryptocurrency community is not new to fraud and hacks. During the years of its existence, the perpetrators have found ways to make money through naive investors. Despite increased supervisory surveillance in recent years, these fraud has continued to prevail. More recently, the Federal Bureau of Investigation (FBI) released a report that illustrates how Americans lost an astonishing $ 9.3 billion due to crypto-related fraud in 2024.
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“The criminals that Americans meet today may look different than in previous years, but they still want the same thing: to hurt Americans to their own advantage.”
Who was hardest hit by crypto fraudsters?
Although he was a lower proportion of the population, the FBI discovered that Americans 60 and older are the most susceptible to crypto messages. It should be noted that over 60 they only make up 17% of the US population. Nevertheless, they accounted for almost $ 2.8 billion, or 30%of all losses for crypto messages.
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In addition, the total complaints that were received over crypto are placed on an astonishing 149,686 in 2024.
The above graph comes as a surprise considering the increased monitoring of the authorities in the industry. But the crypto market has witnessed massive growth, especially in 2024. This is in terms of popularity and value. The increase in fraud may be due to the same thing.
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