TechFlow news — On September 10, according to The Block, the U.S. Federal Bureau of Investigation (FBI) released its annual financial fraud report showing that losses from cryptocurrency-related scams in 2023 increased by 45% compared to 2022, reaching $5.6 billion. The FBI's Internet Crime Complaint Center received over 69,000 cryptocurrency-related complaints, accounting for 10% of total financial fraud complaints but nearly half of the total financial losses. Individuals aged 60 and above filed the most complaints, followed by those aged between 30 and 40. Investment scams were the most common type of crime. The FBI warned that fake job advertisements may be linked to overseas fraud rings and noted a growing trend of using cryptocurrency ATMs to carry out fraudulent activities.
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