The U.S. Federal Trade Commission (FTC) has revealed that more than 46,000 people have reported losing over $1 billion in cryptocurrency to scams. crypto bitcoin $BTC
The U.S. Federal Trade Commission has revealed that more than 46,000 people have reported losing over $1 billion in cryptocurrency to scams since the beginning of last year.The U.S. Federal Trade Commission published a “Data Spotlight” report on crypto scams Friday. The FTC is the only federal agency in the country with both consumer protection and competition jurisdiction in broad sectors of the economy, the regulator’s website describes.
Specifically, $680 million in cryptocurrency fraud losses were reported in 2021. In the first quarter of this year, the losses due to crypto fraud amounted to $329 million.The top cryptocurrencies people said they used to pay scammers were bitcoin , tether , and ether . The regulator further explained that nearly half the people who reported losing crypto to a scam since 2021 said it started with “an ad, post, or message on a social media platform.” The top platforms reported by investors were Instagram , Facebook , Whatsapp , and Telegram .In addition, of the reported crypto fraud losses that began on social media, most are investment scams, the FTC said.
People ages 20 to 49 were more likely to have reported losing cryptocurrency to a scammer, with those in their 30s being hit the hardest, the regulator noted. However, median individual reported losses increased with age, topping out at $11,708 for people in their 70s.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
$1 Billion Worth of Crypto Lost to Scammers Since 2021: FTC.FTC claims that more than 46,000 people have lost crypto to scammers since the start of 2021
Baca lebih lajut »
Jerry Seinfeld Settles Sour Suit Over Allegedly 'Inauthentic' $1.5M Porsche 356 | CarscoopsJerry Seinfeld Settles Sour Suit Over Allegedly 'Inauthentic' $1.5M Porsche 356 | Carscoops carscoops
Baca lebih lajut »
South Korean companies to build $1 billion green hydrogen plant in UAEThree South Korean companies have signed an agreement to build a $1 billion green hydrogen and ammonia production plant in the United Arab Emirates, their UAE partner said on Friday.
Baca lebih lajut »
These Stanford And Berkeley Dropouts Raise $1.2M To Help College Students Apply To Jobs EasierMillions of college students struggle to land their first job, and companies struggle to hire the right junior candidate, leading to the multi-billion dollar recruiting industry in need of better technology. Simplify allows applicants to seamlessly apply to multiple job openings at once.
Baca lebih lajut »
FTC says victims of crypto scams have lost more than $1 billion since 2021 | EngadgetNearly 25 percent of scams reported last year used crypto as a payment method..
Baca lebih lajut »
Total crypto market cap risks a dip below $1 trillion if these 3 metrics don’t improveDeclining demand for Tether, negative futures premiums for altcoins and the lack of inflow to the crypto sector are all signs that a rocky road is ahead.
Baca lebih lajut »