Since the beginning of the year, cybercriminals have been able to siphon away $4.26 billion from cryptocurrency users and exchanges
In 2019 alone, cybercriminals were able to siphon away $4.26 billion from cryptocurrency users and exchanges, according to a new report by CipherTrace. BITPoint, a cryptocurrency exchange in Japan, suffered one of the biggest scams this year, losing $28 million in July. Six people were arrested in the Netherlands and the UK over a $27 million"typosquatting" scam, which involved making a fake website to gain access to user Bitcoin wallets.
In 2019 alone, cybercriminals were able to siphon away $4.26 billion from cryptocurrency users and exchanges, according to a new report by CipherTrace. BITPoint, a cryptocurrency exchange in Japan, suffered one of the biggest scams this year, losing $28 million in July. Six people were arrested in the Netherlands and the UK over a $27 million"typosquatting" scam, which involved making a fake website to gain access to user Bitcoin wallets.
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