Rising crypto scams lead to $2.3 billion in total losses in 2024

Cybersecurity company Kaspersky revealed that malicious actors have devised a new scam involving seed phrases to target unsuspecting crypto users, according to a Dec. 23 blog post. This sophisticated scheme preys on individuals’ curiosity and dishonesty, leading to financial losses for unsuspecting victims. How the scam works Seed phrases, crucial for recovering access to crypto […] The post... source: https://cryptoslate.com/rising-crypto-scams-lead-to-2-3-billion-in-total-losses-in-2024/