According to news on March 19, the FBI revealed that in 2022, American citizens will lose more than 10 billion US dollars due to online fraud, of which 2.57 billion US dollars will be lost to crypto investment fraud.
That compares to $907 million in losses from such fraud in 2021.
“The number of victims of crypto investment scams is at an all-time high, and so are the dollar losses suffered by these investors. Many victims are in huge debt to cover losses from these fraudulent investments.”