Report shows: Cryptocurrency crime losses increased by nearly 160% last year due to surge in internal theft

According to CNBC, according to a report by blockchain forensic company CipherTrace, even though losses from hacking attacks have decreased, due to the surge in internal theft, the losses caused by cryptocurrency crimes surged to $ 4.52 billion last year, compared with $ 1.74 billion in 2018 Compared to the increase of nearly 160%. The report shows that in 2019, the losses of cryptocurrency users and investors due to fraud and misappropriation increased by more than five times, while hacking and theft dropped by 66%.