- According to the FBI, crypto investment fraud increased 183% to $2.57 billion in 2022.
FBI’s Data on Crypto Crime
The 2022 Internet Crime Report was released by the Federal Bureau of Investigation (FBI) last week. The data in the report would be provided by the agency’s Internet Crime Complaint Center (IC3), which “serves as a public resource for reporting cyberattacks and incidents,” according to the bureau.
‘’Investment frauds were the most expensive scheme reported to the IC3 in 2022. Investment fraud charges climbed by 127%, from $1.45 billion in 2021 to $3.31 billion in 2022,’’ according to the FBI, which also stated:
‘’Within those complaints, cryptocurrency investment fraud increased by 183%, from $907 million in 2021 to $2.57 billion in 2022.’’
The number of victims and monetary losses suffered by investors as shown in cryptocurrency investment scams increased at an unprecedented rate. People between 30 and 49 are the most likely to fall victim to this type of scam. According to the survey, more victims have incurred significant debt to compensate for losses from these fraudulent investments.
The FBI also listed common scams involving cryptocurrency investments that will occur in 2022, including those involving mining for liquidity, hacked social media accounts, and impersonating celebrities, real estate agents, and jobs.
The FBI on Monday published a PSA alerting the public to “a rise in cryptocurrency investment schemes” following the publication of its most recent Internet Crime Report.
According to information from IC3, “Criminals, often headquartered overseas, cheated victims out of more than two billion U.S. dollars in 2022 using these techniques,” the bureau said. The statement says:
‘’The schemes are socially engineered and rely on trust, typically starting with a romance or confidence scam and progressing to cryptocurrency investment fraud.’’
source:
https://news.bitcoin.com/fbi-says-crypto-investment-fraud-rose-183-to-2-57-billion-in-2022/
