Crypto scams declined while theft via hacking increased in 2022

The crypto market downturn dragged down the prices of Bitcoin (BTC) and Ethereum (ETH) to just around a third of their respective all-time highs set last year. With falling cryptocurrency transaction volumes, the overall volumes of illicit crypto transactions declined by.15 percent year over year. However, Chainalysis noted that there are differences when it comes to the specific forms of crypto-based crime. For instance, while fewer people fell victim to crypto scams in 2022, there was a rise in hacking and stolen funds that involved crypto during the same period. Total scam revenue…

source: https://tokenpost.com/Crypto-scams-declined-while-theft-via-hacking-increased-in-2022-9735

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