Today news
About the same in other media
12.01 - 20:17
2021 recap: Biggest crypto scams of the year
Reading now: 952
cnbctv18.com2021 was a year of highs and lows for the cryptocurrency market with substantial gains and huge losses. The cryptocurrency frenzy also led to the launch of new coins and tokens every other day, giving scamsters the opportunity to trap ignorant investors who spent little time researching these new cryptos due to fear of missing out (FOMO).A report by blockchain firm, Chainalysis, suggests scammers stole around $7.7 billion from investors through various scams and rug pulls this year.
The report said crypto scams rose by over 80 percent in 2021 as compared to 2020. While there were many run-of-the-mill scams where scammers used phishing and email scams, some cons caught the world's attention.
Read more on cnbctv18.comAbout this in other media
Comedian Stephen Colbert spoofs 'Colbert Coin' in response to rise in crypto scams cointelegraph.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
