FBI Says Crypto Investment Fraud Rose 183% to $2.57 Billion in 2022

The Federal Bureau of Investigation (FBI) says cryptocurrency concern fraud roseate 183% from $907 cardinal successful 2021 to $2.57 cardinal successful 2022, based connected information from its Internet Crime Complaint Center (IC3). The FBI besides warned the nationalist of “a spike successful cryptocurrency concern schemes.”

FBI’s Crypto Crime Statistics

The Federal Bureau of Investigation (FBI) published its 2022 Internet Crime Report past week. The study is compiled utilizing information from the agency’s Internet Crime Complaint Center (IC3) which “serves arsenic a nationalist assets to taxable reports of cyberattacks and incidents,” the bureau described.

“In 2022, concern scams were the costliest strategy reported to the IC3. Investment fraud complaints accrued from $1.45 cardinal successful 2021 to $3.31 cardinal successful 2022, which is simply a 127% [increase],” the FBI wrote, adding:

Within those complaints, cryptocurrency concern fraud roseate from $907 cardinal successful 2021 to $2.57 cardinal successful 2022, an summation of 183%.

“Crypto-investment scams saw unprecedented increases successful the fig of victims and the dollar losses to these investors. Many victims person assumed monolithic indebtedness to screen losses from these fraudulent investments and the astir targeted property radical reporting this benignant of scam are victims ages 30 to 49,” the study details.

The FBI besides highlighted prevalent cryptocurrency concern scams successful 2022, specified arsenic those related to liquidity mining, hacked societal media accounts, personage impersonation, existent property professionals, and employment.

Following the merchandise of its latest Internet Crime Report, the FBI issued a nationalist work announcement Monday, informing the nationalist of “a spike successful cryptocurrency concern schemes.”

Citing information from IC3, the bureau explained: “Criminals, typically based overseas, defrauded victims of much than 2 cardinal U.S. dollars successful 2022 utilizing these schemes.” The announcement notes:

The schemes are socially-engineered and trust-enabled, usually opening with a romance oregon assurance scam and evolving into cryptocurrency concern fraud.

What bash you deliberation astir the FBI’s crypto fraud informing and transgression statistics? Let america cognize successful the comments conception below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This nonfiction is for informational purposes only. It is not a nonstop connection oregon solicitation of an connection to bargain oregon sell, oregon a proposal oregon endorsement of immoderate products, services, oregon companies. Bitcoin.com does not supply investment, tax, legal, oregon accounting advice. Neither the institution nor the writer is responsible, straight oregon indirectly, for immoderate harm oregon nonaccomplishment caused oregon alleged to beryllium caused by oregon successful transportation with the usage of oregon reliance connected immoderate content, goods oregon services mentioned successful this article.