Crypto Scams Netted $2B in 2023, Roughly Half Last Year’s Figure: De.Fi

Paxful
Tyler Spalding, CEO / Co-Founder, Flexa, 2Chainz and Zack Seward, Deputy Editor-in-Chief, CoinDesk
Bitbuy



The reduction, largely attributed to the implementation of improved security protocols, increased awareness within the community and the overall decreased activity in the market, is even greater when the $40 billion lost to the collapses of stablecoin issuer Terraform Labs, crypto lender Celsius and the FTX exchange are taken into account.



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