Americans lost $5.6 billion last year in cryptocurrency scams rip-offs, the FBI states

Americans lost $5.6 billion last year in cryptocurrency scams rip-offs, the FBI states

The FBI states Americans were fooled out of more than $5.6 billion last year through scams plans including cryptocurrency

ByThe Associated Press

September 9, 2024, 1: 36 PM

WASHINGTON — Americans were fooled out of more than $5.6 billion last year through scams plans including cryptocurrency, the FBI stated in a report launched Monday that reveals a 45% dive in losses from2022

The FBI got almost 70,000 grievances in 2023 by victims of monetary scams including bitcoin, ether and other cryptocurrencies, according to the FBI. The most widespread plan was financialinvestment scams, which accounted for $3.96 billion of the losses.

“The decentralized nature of cryptocurrency, the speed of permanent deals, and the capability to transfer worth around t

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