$7.8B lost in crypto ponzi and pyramid schemes in 2022: Report

In addition, another $1.5 billion in crypto was alleged by TRM to have actually been invested on darknets for illegal activities, while another $3.7 billion in crypto was lost in hacks or exploits.In total, $9.04 billion in crypto were sent to all types of financial scams schemes, as declared by TRM Labs.”Researchers stated that ten of the largest crypto Ponzi and pyramid schemes accounted for around 54% of the overall amount. 2 of the largest crypto Ponzi schemes prosecuted in 2022 were Forsage and Trade Coin Club.

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