Today news
About the same in other media
Scammers Stole USD 7.7B in Crypto in 2021 Amid Rug Pull Surge - Chainalysis
Reading now: 869
Scams continue to generate the largest stream of cryptocurrency-based crime by transaction volume, with more than USD 7.7bn worth of crypto stolen from victims across the world so far this year, according to a recent report by blockchain analysis company Chainalysis.
Sadly, the figure represents an 81% increase compared to 2020 - a year in which scamming activity reported a significant drop compared to 2019, largely due to the absence of any major Ponzi schemes, the company said.
“That changed in 2021 with Finiko, a Ponzi scheme primarily targeting Russian speakers throughout Eastern Europe, netting more than [USD] 1.1 billion from victims,” according to Chainalysis.
Another change that could be used to explain the 2021 surge in scam revenue
Read more on cryptonews.comAbout this in other media
Pope Francis holds traditional Christmas mass as COVID-19 cases surge in Italy euronews.com /2 years ago
Russian Provinces Free to Make Crypto Miners Pay Higher Electricity Rates, Says Gov’t cryptonews.com /2 years ago
Industry experts reveal a possible method for Bank of Russia to block crypto cointelegraph.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
