Reports from various sources reveal a surge in cryptocurrency scams in 2023, with losses amounting to over $656 million to Web3 scams, $300 million+ moved to Bitcoin by hackers, and $1 billion drained by approval phishing scams. The rise in targeted approval phishing scams, orchestrated by groups like Lazarus, has resulted in over $374 million in losses in 2023. Despite over $1.7 billion stolen in November 2023, defi hacks are on course to post the lowest losses seen in two years. Romance scammers are using new tactics, asking for approval codes from fake websites to access victims' wallets.
Romance scammers are using a new method to steal crypto from their victims. They ask for approval codes from fake websites to access their wallets. https://t.co/s3ty1JXRow
⚠️ In 2023, hackers have shifted tactics, moving $300M+ of stolen crypto to #Bitcoin post-Tornado Cash crackdown, reports CertiK. https://t.co/hsghB26flN
Lazarus group orchestrated nearly 17% of all crypto hacks throughout 2023, mainly targeting centralized platforms like exchanges https://t.co/ocbGiewMDE
⚠️ In 2023, hackers have shifted tactics, moving $300M+ of stolen crypto to #Bitcoin post-Tornado Cash crackdown, reports CertiK. https://t.co/oHeL08TXL0
💰A new report from @chainalysis found that web3 users lost nearly $900M to phishing approval scams since the start of 2022. Chainalysis said the figure is likely a low-ball estimate as many romance scams go unreported 👀 Read More: https://t.co/dtopciXV0i https://t.co/zt8KkGsHaU
Targeted approval phishing scams are on the rise, with many fraudsters using romance scam tactics to trick victims into signing malicious TXs. We estimate victims have lost over $374M in 2023. Learn more in our first 2024 Crypto Crime Report preview https://t.co/5cRD7VgNrN
Approval Phishing Scams Drain $1bn of Cryptocurrency from Victims https://t.co/mB6L3w6UN9
A report from IntoTheBlock showed that defi hacks are on course to post the lowest losses seen in two years despite over $1.7 billion stolen in November 2023 alone https://t.co/pXYZiU9oL2
💰Startling stats! Beosin’s report reveals a whopping $656 million lost to Web3 scams in H1 2023. But fear not. With the W3A extension, you can safeguard yourself against scamming. Download the FREE W3A extension to protect your assets now! @web3_antivirus [AD] https://t.co/HhXnVdwpTr