Crypto Scam Revenues Drop 46% in 2022: New Report by Chainalysis

Crypto Scam Earnings Start 2022 With Upward Trend But it dropped sharply in May. When the bear market started after the collapse of the Terra ecosystem and became bearish until the end of the year.

The record high of $10.9 billion in crypto scam revenue in 2021 has dropped to $5.9 billion.

Chainalysis Company observethat the decline in revenue may be linked to the decline in the value of cryptocurrencies Because most of the scam associations are related to the price of bitcoin.

Even though overall scam revenue is down. But we still see a number of highly successful scams. First was Hyperverse, which made in almost $1.3 billion.

The top ten scams in 2022 are investment scams. This category dominated the overall revenue last year. However, that doesn’t mean there aren’t other types of scams which, despite having lower overall revenues than in one category, are still worth a shot. But it seems that Romance scams earn the most when considering income per victim.

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