Crypto fraud surges by 45% in 2023, FBI reports $5.6B in losses

Ishika Kumari

Crypto fraud surged by 45% in 2023, resulting in over $5.6 billion in losses.
August saw $313.86 million lost in crypto hacks, mainly due to phishing attacks.

The rapid rise of cryptocurrenc

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Crypto fraud surges by 45% in 2023, FBI reports $5.6B in losses