Crypto Scams Reach New Heights in 2020 With $24M Stolen So Far
Cointelegraph
Published Jul 13, 2020 03:53PM ET
Updated Jul 13, 2020 05:40PM ET
Blockchain tracking and analytics platform, Whale Alert, revealed that over the past four years, scammers have stolen over $38 million worth of Bitcoin (BTC).
Whale Alert’s study, which relies on data from the crypto scam tracking site, Scam Alert, suggests that the popularity of dozens of different types of scams have been on the rise. Some of these include giveaways, sextortion, fake exchanges, fake ICO’s, Bitcoin recovery, video scams, fake tumblers, and malware.
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Written By: Cointelegraph
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