But I thought crypto was supposed to be very secure? Lol.
This doesn’t include all the Ponzi scene losses, does it?
Oh my god would you look at that, who would have guessed a completely unregulated financial system would be insanely volatile and fraught with pitfalls. A fool and their money are soon parted, but when it’s crypto, that saying gets supercharged brah
I wonder how much crypto is stolen by insiders like who then just turn around and point the finger at North Korea. If I were stealing crypto from my customers, that’s what I’d do.
When we say “those regulations were written in blood” this is kind of the same thing. Regulations may be annoying and slow you down, but they also do a damn good job of making sure you don’t lose $2.2B per year
It’s the wild west, crypto.
I am not a fan of cypto speculation- but out of curiosity how does this number compare to frauds involving non crypto monetary instruments, let’s say USD only? Both as a percentage of notional value and the absolute amount?
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“Crypto working as intended by those selling it.”
But I thought crypto was supposed to be very secure? Lol.
This doesn’t include all the Ponzi scene losses, does it?
Oh my god would you look at that, who would have guessed a completely unregulated financial system would be insanely volatile and fraught with pitfalls. A fool and their money are soon parted, but when it’s crypto, that saying gets supercharged brah
https://www.sec.gov/newsroom/press-releases/2024-91
Latest in a long chain. About 250 million stolen.
I wonder how much crypto is stolen by insiders like who then just turn around and point the finger at North Korea. If I were stealing crypto from my customers, that’s what I’d do.
When we say “those regulations were written in blood” this is kind of the same thing. Regulations may be annoying and slow you down, but they also do a damn good job of making sure you don’t lose $2.2B per year
It’s the wild west, crypto.
I am not a fan of cypto speculation- but out of curiosity how does this number compare to frauds involving non crypto monetary instruments, let’s say USD only? Both as a percentage of notional value and the absolute amount?
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