Posted 3/8/2024, 5:36:00 PM
Losses from Crypto Scams Drove 53% Surge in U.S. Investment Fraud in 2023
- Losses from crypto investment scams in U.S. grew 53% to $3.94B in 2023 according to FBI report
- Overall investment frauds increased 38% to $4.57B from $3.31B
- Crypto scams account for most of these frauds, highlighting cryptocurrency's role in online crime
- Losses from investment scams became the most common internet crime in 2023
- Total losses from internet crimes reached $12.5B, with investment scams accounting for over a third
