Scammers got $30 Billion over cryptocurrencies

Although cryptocurrencies attract attention, there are also so many frauds. Here is the surprising number.

Scammers got $30 Billion over cryptocurrencies
Cryptocurrencies scam is growing

Cryptocurrencies have attracted a lot of attention in recent years, but there have been so many fraudulent incidents. The amount of money lost so far is astonishing. These frauds can take many different forms, including ransomware attacks, phishing scams, Ponzi schemes, and fake initial coin offerings (ICOs). While people are trying to be careful and focus on security online, the scams continue to pile up.

Scammers got  $30 Billion until now

Tricksters frequently utilize social designing strategies, for example, making counterfeit sites or web-based entertainment accounts, to acquire the trust of casualties and draw them into effective financial planning or sharing their confidential data. Since crypto has grown in popularity over the past few years, more and more people are falling for these con artists, especially when most of them are just a few clicks away from being victims on any social media website.

Until now scammers got 30 billion dollars. The weight of how much money people have lost in cryptocurrencies over the past few years and how those numbers will change over time are shown in the following statistics.