Cryptocurrency Investment Fraud

According to reports, Binance provided support for the US Department of Justice to confiscate virtual currencies related to crypto investment fraud. According to Binance\’s report c

It is reported that the annual Internet crime report of the Federal Bureau of Investigation (FBI) shows that with the surge of cryptocurrency investment fraud, the online fraud losses reported to the FBI in 2022 exceeded $10 billion, which is the highest annual loss amount in the past five years. From 2021 to 2022, the number of online fraud reports increased by more than US $3 billion, due to the nearly tripling of the number of cryptocurrency investment fraud reports, and the loss caused by ransomware was about US $34 million. FBI: The number of online fraud reports increased by more than US $3 billion in 2002, and the number of encrypted investment fraud nearly doubled Analysis based on this information:The annual Internet crime report of the Federal Bureau of Investigation (FBI) reveals a significant rise in online fraud losses in 2022. According to the report, the losses reported to the FBI exceeded $10 billion, which is the highest annual…