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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

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