The Federal Bureau of Investigation (FBI) says cryptocurrency funding fraud rose 183% from $907 million in 2021 to $2.57 billion in 2022, primarily based on information from its Web Crime Grievance Middle (IC3). The FBI additionally warned the general public of “a spike in cryptocurrency funding schemes.”
FBI’s Crypto Crime Statistics
The Federal Bureau of Investigation (FBI) printed its 2022 Web Crime Report final week. The report is compiled utilizing information from the company’s Web Crime Grievance Middle (IC3) which “serves as a public useful resource to submit experiences of cyberattacks and incidents,” the bureau described.
“In 2022, funding scams had been the most expensive scheme reported to the IC3. Funding fraud complaints elevated from $1.45 billion in 2021 to $3.31 billion in 2022, which is a 127% [increase],” the FBI wrote, including:
Inside these complaints, cryptocurrency funding fraud rose from $907 million in 2021 to $2.57 billion in 2022, a rise of 183%.
“Crypto-investment scams noticed unprecedented will increase within the variety of victims and the greenback losses to those buyers. Many victims have assumed huge debt to cowl losses from these fraudulent investments and essentially the most focused age group reporting this kind of rip-off are victims ages 30 to 49,” the report particulars.
The FBI additionally highlighted prevalent cryptocurrency funding scams in 2022, resembling these associated to liquidity mining, hacked social media accounts, superstar impersonation, actual property professionals, and employment.
Following the discharge of its newest Web Crime Report, the FBI issued a public service announcement Monday, warning the general public of “a spike in cryptocurrency funding schemes.”
Citing information from IC3, the bureau defined: “Criminals, sometimes primarily based abroad, defrauded victims of greater than two billion U.S. {dollars} in 2022 utilizing these schemes.” The announcement notes:
The schemes are socially-engineered and trust-enabled, normally starting with a romance or confidence rip-off and evolving into cryptocurrency funding fraud.
What do you consider the FBI’s crypto fraud warning and crime statistics? Tell us within the feedback part under.
Kevin Helms
A pupil of Austrian Economics, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His pursuits lie in Bitcoin safety, open-source techniques, community results and the intersection between economics and cryptography.
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