According to the agency, cryptocurrency-related investment fraud rose by 53% in 2023, accounting for around 86% of all investment fraud losses in the U.S.

As Tether again stopped a scam in its tracks by blacklisting a hacker’s account, users are reminded about the powers they hand to centralized money issuers.

Hackers have decided that using the good old phishing technique in the vastness of Web3 is not a bad idea. This time, ETHDenver suffered, with hundreds of thousands of dollars stolen.