Last updated: January 3, 2024 07:01 EST . 2 min read Disclosure: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions. We may utilise affiliate links within our content, and receive commission.
Source: AdobeStock / Tomasz Bidermann

Popular crypto phishing scams drained almost $300 million from 320,000 users in 2023 with figures increasing monthly as bad actors deploy sophisticated techniques.

In a recent publication, cryptocurrency security firm, Scam Sniffers analyzed the market trends in the previous year stressing the activities of bad actors amid growing asset prices and extensive regulatory activities.