FBI Report: Crypto Scams Drain $9.3B from US Investors in 2024
Crypto’s wild west era isn’t over—it’s just getting more expensive. The FBI’s latest numbers reveal a staggering $9.3 billion vanished into the pockets of scammers last year, proving even ’decentralized’ finance still needs cops.
Where’d the money go? From rug pulls dressed as DeFi projects to old-fashioned Ponzi schemes with a crypto twist, fraudsters are getting creative—and investors are paying the price.
Meanwhile, Wall Street quietly adjusts its tie: ’Perhaps you’d like a regulated ETF instead?’ The irony isn’t lost on anyone who remembers 2008.