Flutterby™! : crypto scams

Next unread comment / Catchup all unread comments User Account Info | Logout | XML/Pilot/etc versions | Long version (with comments) | Weblog archives | Site Map | | Browse Topics

crypto scams

2025-04-24 02:24:25.730984+02 by Dan Lyke 2 comments

In a link to the FBI IC3 (Internet Crime Complaint Center) Internet Crime Report 2024, Molly White @molly0xfff@hachyderm.io says

FBI: Americans aged 60 and older reported losing almost $3 billion to crypto fraud last year. In total, Americans reported being scammed out of around $9.3 billion via crypto, out of a total $16.6 billion in total reported Internet crime losses that year.

...and I kinda wonder if we're doing a disservice when we call out cryptocurrency based scams as such, because that implies that there are things about cryptocurrency that aren't awful and horrible.

[ related topics: Interactive Drama Law Enforcement Net Culture Cryptography Race ]

comments in ascending chronological order (reverse):

#Comment Re: crypto scams made: 2025-04-24 16:27:12.499989+02 by: brainopener

Kleptocurrency.

#Comment Re: crypto scams made: 2025-04-24 18:20:31.802335+02 by: Mars Saxman

frankly, I think that everything to do with *any* kind of money is awful and horrible: cryptocurrency just makes it more obvious, by forcing us to look at the situation with fresh eyes.