Federal Bureau of Investigation (FBI) in 2023 of cryptocurrency scams announced that the total damage resulting from the accident had reached a record level, according to a report from the FBI’s Internet Crime Complaint Center. crypto scammers lost $5.6 billion to investors. This figure is up 45% from 2022.

According to the report investment fraud It has become the most common and costly form of crypto-related crime. Last year, the FBI investigated over 69,000 cases crypto crime report and nearly half of these reports were investment fraud. Fraudsters have profited from such scams to the tune of over $4 billion. Although crypto fraud only accounted for 10% of the total complaints received by the FBI, it caused nearly half of the losses.

Older investors targeted by crypto scams

The report states that the most common form of fraud ““pork butcher shop” It is emphasized that there is fraud with long-term investments. This fraud These types of fraudsters have known their victims for a long time and are unable to withdraw large amounts of money. to counterfeit crypto platforms allows them to deposit. Victims over 60 in particular suffered large losses, totaling over $1.24 billion.

American investors of crypto scams was the most affected group. California stood out as both the state with the most complaints and the region with the highest losses.