#CryptoScamSurge ¿Is it possible to track a cryptocurrency scammer?

Despite what many cybercriminals believe, cryptocurrency scammers are not as anonymous as they think. Blockchain technology leaves a trail, and cybersecurity experts can trace it back to their true identity. Victims of cryptocurrency scams can defend themselves against their perpetrators, and they do not have to do it alone.

How much cryptocurrency has been stolen?

Threat actors compromising personal wallets increasingly leave large balances of stolen funds on-chain instead of immediately laundering the stolen assets. The thefts targeting personal wallets currently contain $8.5 billion in on-chain cryptocurrencies, while funds taken from services amount to $1.28 billion.

Are there many cryptocurrency scams?

Investing in a new coin is inherently risky, as most lack real value. Investment fraud involving cryptocurrencies, such as ICOs, increased by nearly 200%, from $907 million in 2021 to $2.57 billion in 2022, according to the FBI's Internet Crime Complaint Center Annual Report.