Detective sends warning about crypto machines
WCSC Live 5 News | Crypto ATM kiosks allow people to put cash into the machine and receive some kind of cryptocurrency. But they’re used for fraud 99.5% of the time.
What Are Common Crypto Scams?
National Cybersecurity Alliance | From fake bitcoin giveaways to romance scams and shady investment “opportunities,” crypto scams are exploding in popularity.
Telegram Purged Chinese Crypto Scam Markets, Then Watched Them Rebuild
Wired | Last month, Telegram banned black markets that sold tens of billions of dollars in crypto-scam-related services. Now, as those markets rebrand and bounce back, it’s done nothing to stop them.
FBI Internet Crime Report 2024
FBI | The annual IC3 report includes data from 859,532 complaints of suspected internet crime and details reported losses of $16+ billion — a 33% increase over 2023.
‘Stablecoins’ Enabled $40 Billion in Crypto Crime Since 2022
WIRED | A Chainalysis report finds that stablecoins, tied to the value of the US dollar, were used in the majority of crypto-based scam transactions and sanctions evasion in 2023.