A billion lost to crypto scams since 2021, says FTC

By

More than 46,000 people lost over $1 billion.

A billion lost to crypto scams since 2021, says FTC
More than 46,000 people reported losing over US$1 billion in cryptocurrency scams since the start of 2021, the Federal Trade Commission (FTC) said in a report on Friday. Nearly half the people who reported losing digital currencies in a scam said it started with an ad, post or a message on a ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Add iTnews as your trusted source

Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

Fashion's AI era: face swaps and digital clones

Fashion's AI era: face swaps and digital clones

FYAI: What is an AI hallucination and how does it impact business leaders?

FYAI: What is an AI hallucination and how does it impact business leaders?

Woolworths lifts the covers on internal AI

Woolworths lifts the covers on internal AI

ANZ explores agentic AI opportunities

ANZ explores agentic AI opportunities

Log In

  |  Forgot your password?