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Crypto Scammers Ditch ‘Elaborate’ Schemes In Favor Of Short-Term Scams – Report

Crypto Scammers Ditch ‘Elaborate’ Schemes In Favor Of Short-Term Scams – Report


Bitcoinist
2024-08-30 00:30:09

A recent Chainalysis report revealed that crypto scammers have updated their scheme tactics on- and off-chain in 2024. Criminals have leaned toward short-term, more lucrative scrams targeting smaller entities and specific individuals, significantly reducing scams’ average lifespan by over 50% since 2023. Related Reading: Binance CEO Denies Allegations Of Mass Freezing Palestinian Crypto Assets Crypto


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