Summary
- Losses from cryptocurrency fraud in the US climbed to $11.4 billion, up 22%% from a year earlier.
- The number of related complaints rose 21%% to 181,565, while average losses were $62,604.
- The FBI said Southeast Asia-based organized crime groups are carrying out long-running, psychologically manipulative investment scams.
Forecast Trend Report by Period
Losses from cryptocurrency fraud in the US climbed to $11.4 billion last year, up 22% from a year earlier. Both the total losses and the number of complaints increased.
CoinDesk, citing a Federal Bureau of Investigation report on April 7, said losses tied to crypto fraud in the US totaled $11.4 billion last year.
The number of related complaints rose 21% from a year earlier to 181,565. Average losses were $62,604.
Cases involving large losses also increased. About 18,600 victims lost more than $100,000 each.
The FBI said organized crime groups based in Southeast Asia are using human trafficking victims to carry out long-running, psychologically manipulative investment scams. The market is watching a broader shift toward more organized and prolonged forms of fraud.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
