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Crypto Thieves Rip Off Investors to the Tune of Almost $8B in 2021: Analysis

A new report from blockchain data company Chainalysis found cryptocurrency scammers took more than $7.7 billion worth of assets from victims in 2021. So reports Yahoo!.

fraud 2695269 1280Per the report, 2021 saw an 81% increase in cryptocurrency-based grifting compared to the year prior. One of the largest schemes involved Russian-speaking investors of bitcoin and tether in Eastern Europe, which netted more than $1.1 billion from victims.

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