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FBI says Crypto-related fraud jumped by 45% last year

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The FBI said on Monday in a new report that victims reported over $5.6 billion in cryptocurrency-related fraud in 2023, a 45% increase from losses reported in 2022. Fraud overall increased due to a spike in investment scams involving cryptocurrencies. Compared to $2.57 billion in 2022, victims reported losing almost $4 billion on cryptocurrency-related investments in 2023. The FBI has never…

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