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Crypto scam losses exceed $11 billion
CoinDesk·
The FBI reports that Americans lost over $11 billion to cryptocurrency scams last year, marking a significant increase in financial crime. Fraudulent schemes have grown more sophisticated and organized, with authorities highlighting links to international criminal networks that exploit forced labor. This trend underscores the growing risks associated with digital asset investments and the need for enhanced security measures and consumer awareness to combat these evolving threats.
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$BTC-USD
Tags
crypto
regulation
fintech
Original Source
CoinDesk — coindesk.com