The Federal Trade Commission (FTC) has published new research which highlights recent findings showing that “consumers reported losing over $1 billion to fraud involving cryptocurrencies from January 2021 through March 2022”. The FTC’s research found that nearly one-quarter of all money that was lost to fraud was paid in cryptoassets.

https://www.ftc.gov/news-events/data-visualizations/data-spotlight/2022/06/reports-show-scammers-cashing-crypto-craze

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