Yes, crypto has made life way too easier for criminals

Cryptopolitan

Yes, crypto has made life way too easier for criminals

Crypto scams and frauds have dealt a massive blow to the financial security of many Americans, marking one of the largest financial lootings in U.S. history. In 2023 alone, the FBI reported over $12.5 billion in losses due to these scams, a 22% increase from the previous year. A staggering 880,418 complaints about potential crypto and online thefts were filed with the agency’s Internet Crime Center, suggesting an even grimmer reality since many…