Investors lost a record $5.6 billion to crypto scams in 2023, FBI says

According to the report published on Monday, investment fraud was the most prevalent – ​​and costliest – type of cryptocurrency-related fraud in 2023. Of the more than 69,000 cryptocurrency-related crime reports the agency received last year, nearly half been reports of investment fraud. , and investment fraudsters made $4 billion. And while crypto crimes accounted for only about 10 percent of the complaints received by the FBI, the $5.6 billion figure represented about half of the total loss to plaintiffs.