Cryptocurrency Q&A What percentage of crypto-related scams are based on tether & bitcoin?

What percentage of crypto-related scams are based on tether & bitcoin?

Martino Martino Mon Jul 08 2024 | 7 answers 1364
Could you elaborate on the prevalence of crypto-related scams involving Tether and bitcoin? Specifically, what percentage of these fraudulent activities are centered around these two major cryptocurrencies? Are they disproportionately targeted, or do they simply account for a large chunk due to their widespread use and popularity? Are there any emerging trends or patterns in the scams that specifically involve tether and bitcoin? Understanding the scope and nature of these scams is crucial in order to mitigate the risks for investors and maintain the integrity of the crypto market. What percentage of crypto-related scams are based on tether & bitcoin?

7 answers

Bianca Bianca Wed Jul 10 2024
Cryptocurrency scams have been a growing concern, with Bitcoin accounting for a significant portion of such incidents.

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Dario Dario Wed Jul 10 2024
Recent data indicates that Bitcoin makes up approximately 70% of crypto-related scams, followed by Tether at 10% and Ethereum at 9%.

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BonsaiBeauty BonsaiBeauty Wed Jul 10 2024
This trend highlights the need for increased vigilance and awareness among investors and crypto enthusiasts.

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Riccardo Riccardo Wed Jul 10 2024
The report arrives at a time where there are increasingly widespread reports of crypto fraud.

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GyeongjuGlory GyeongjuGlory Tue Jul 09 2024
These scams often involve fraudulent schemes, phishing attacks, and other malicious activities targeting unsuspecting users.

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