Recently there are daily FUD posts about large amount of cryptos getting scammed or stolen. And how the banking system is better for protecting you.

So out of curiosity, I checked how much fiat money were stolen due to online scams only, and I found a source from the JEC. I hope you’re ready to know the truth :

Approximately, scam victims have lost……

1 trillion dollars just in 2024.

Source : https://www.jec.senate.gov/public/_cache/files/d229cc6d-0dc5-4828-9f92-5de8ffffa326/july-2025-issue-brief-scams-1.pdf

Probably way more in 2025, since there has a been a 370% growth between 2023 and 2024.

submitted by /u/Leynnox [link] [comments]r/CryptoCurrencyRead More

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