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The FTC estimates overseas internet/telephone scammers stole an estimate $122 billion dollars from Americans in 2022, virtually all of it in traditional banking
by nullc 2y ago
The FTC estimates overseas internet/telephone scammers stole an estimate $122 billion dollars from Americans in 2022, virtually all of it in traditional banking.
Have any data to suggest that these 'crypto' attacks are within two orders of magnitude of that?
This particular scam is targeting crypto users, for sure, but to some extent that's a "who has money" proxy. Other scamming groups do things like use property records merged with personal information leaks to target people who own expensive real-estate.
I don't intend to argue that a bunch of crypto stuff and practices aren't gravely insecure, but if you think you're going to be safe by not using it... you're just wrong. And good practices, e.g. with Bitcoin, may be significantly more secure against these kinds of remote scammers than a bank account is.
I think a better lesson is that any inbound communication is a danger and should be avoided when possible and treated with great scrutiny otherwise.