Investment scams...led to reported losses of $4.57 billion throughout the year…
The FBI warned of increases in crypto scams in March last year, saying most begin with some sort of social engineering, like a romance or confidence scam…
That figure is adjusted, not including the cost of downtime for businesses still in their recovery phases, for example, but it still seems especially low to a reporter who's covered one-off ransom fees in the $15 million region.
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