How crypto criminals stole $700 million from people - often using age-old tricks
Criminals Took $700 Million in Crypto This Year. Same Old Scams, New Technology.
What Happened
Criminals stole approximately $700 million worth of cryptocurrency from individuals this year, according to BBC reporting. The methods used were largely traditional fraud tactics adapted for digital currencies - romance scams, fake investment schemes, and social engineering.
What's In Your Control
• Whether you invest in any cryptocurrency at all
• How much research you do before any investment (crypto or traditional)
• Whether you send money to people you've never met in person
• Your respo...