U.S. investors lost $5.6 billion to crypto scams last year, up 45% year-on-year

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On September 10, according to a report released by the US Federal Bureau of Investigation (FBI) on Monday, US investors lost a record $5.6 billion to crypto-related financial crimes in 2023, an increase of 45% from 2022.

The report states that of the more than 69,000 reports of crypto-related crimes received last year, nearly half were reports of investment fraud. Although crypto crimes only account for 10% of the complaints received by the FBI, the $5.6 billion figure is about half of the total losses of complainants. (CoinDesk)

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