FBI Reports 183% Increase in Crypto Investment Fraud Losses to $2.57 Billion in 2022
The FBI has recently released a report showing that crypto investment fraud losses have increased by 183% in the past year, reaching a staggering $2.57 billion in 2022. This is a concerning statistic, as it shows that more and more people are falling victim to fraudulent crypto investment schemes. Cryptocurrency is a relatively new asset class, and as such, it is still largely unregulated. This lack of regulation makes it easier for scammers to take advantage of unsuspecting investors. The FBI report states that these scams often involve the use