finance
The Crypto Scam Epidemic: How Older Americans Are Falling Victim to $5.6 Billion in Losses
September 16, 2024
The FBI's 2023 Cryptocurrency Fraud Report reveals a staggering $5.6 billion in reported losses to cryptocurrency scams, with older Americans bearing the brunt of the damage. The majority of these scams, a whopping 53% increase from 2022, are pig butchering scams, where fraudsters build fake relatio