May 4, 2024

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Chainalysis breaks down how scammers adapt during the bear market

1 min read
Chainalysis breaks down how scammers adapt during the bear market

While scammers can also feel the chill of the crypto winter as

Apart from the romance and giveaway scams, the cybercrime professional also highlighted that a multilevel marketing scam took a massive chunk out of the $5.9 billion lost to scams in 2022. Jardine showed that among the top scams in the year, the hyperverse scam racked up around $1.3 billion, roughly 22% of scam revenue in that year.