RUSSIANS LOSE OVER $150 MILLION IN STOLEN CRYPTO IN SINGLE YEAR!
Russians lost over $150 million to cryptocurrency theft in 2024, according to a study by cybersecurity experts. This significant financial damage was inflicted by hackers who carried out 160 major attacks on cryptocurrency platforms, resulting in losses exceeding $2.16 billion globally. The Russian share of these losses is estimated to be around 7% of the global crypto market.
Key Statistics:
Total Losses: Over $3 billion lost to hacks, fraud, and scams in 2024, with $2.15 billion from hacker attacks and security breaches, and $834.5 million from fraud.
Recovery: $488.5 million has been recovered from these losses.
Reporting: Only 30% of victims reported incidents to law enforcement authorities in 2024.
Largest Hacks: A notable hack occurred in February 2025, where $1.5 billion in digital assets were stolen from a Dubai-based trading platform, with North Korean hackers suspected to be behind the attack .
Challenges in Tracking Crypto Theft:
Lack of Official Statistics: Russia does not maintain official statistics on crypto theft, making it difficult to assess the true extent of the problem.
Global Nature of Digital Assets: Attacks can occur outside Russian jurisdiction, affecting Russian residents and making it harder to track and recover losses .#BitcoinWithTariffs