{"id":196106,"date":"2024-09-13T03:04:24","date_gmt":"2024-09-13T08:04:24","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2024\/09\/fbi-reported-cryptocurrency-losses-reached-5-6-billion-in-2023"},"modified":"2024-09-13T03:04:24","modified_gmt":"2024-09-13T08:04:24","slug":"fbi-reported-cryptocurrency-losses-reached-5-6-billion-in-2023","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2024\/09\/fbi-reported-cryptocurrency-losses-reached-5-6-billion-in-2023","title":{"rendered":"FBI: Reported cryptocurrency losses reached $5.6 billion in 2023"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/fbi-reported-cryptocurrency-losses-reached-5-6-billion-in-20232.jpg\"><\/a><\/p>\n<p>The FBI says that 2023 was a record year for cryptocurrency fraud, with total losses exceeding $5.6 billion, based on nearly 70,000 reports received through the Internet Crime Complaint Center (IC3).<\/p>\n<p>This marks a 45% increase in losses compared to the previous year, driven primarily by investment fraud, which accounted for 71% of the total cryptocurrency losses. Other types of fraud contributing to the statistics include tech support scams, call center fraud, and government impersonation.<\/p>\n<p>The vast majority of the reported losses ($4.8 billion) were incurred by U.S. citizens, followed by Cayman Islands ($196M), Mexico ($127M), Canada ($72M), the UK ($59M), India ($44M), and Australia ($25M).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The FBI says that 2023 was a record year for cryptocurrency fraud, with total losses exceeding $5.6 billion, based on nearly 70,000 reports received through the Internet Crime Complaint Center (IC3). This marks a 45% increase in losses compared to the previous year, driven primarily by investment fraud, which accounted for 71% of the total [\u2026]<\/p>\n","protected":false},"author":427,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1761,1490,418],"tags":[],"class_list":["post-196106","post","type-post","status-publish","format-standard","hentry","category-cryptocurrencies","category-government","category-internet"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/196106","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/427"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=196106"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/196106\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=196106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=196106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=196106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}