The U.S. Federal Bureau of Investigation (FBI)’s Internet Crime Complaint Center (IC3) recently warned that there is an increasing number of cases of cryptocurrency-related business email abuses from 2018 to 2020. The Block reported this on the 27th (local time).
According to data from the Information Center IC3, where Internet crime victims can file complaints with the FBI, BEC (business email abuse) complaints increased from less than 5 in 2018 to 20 in 2020. According to the report, IC3 believes that this trend will continue through 2021, based on the data it receives.
In 2020, cryptocurrency-based BEC scams (frauds) lost more than $10 million (approximately 111.3 billion won) of funds, and cryptocurrency BEC scams have more average dollar losses than other types of scams reported in IC3.
※ All posts in Coincode, a simple personal blog, are paraphrased & referenced from overseas news, not Coincode’s opinions. Coin codes are not based on facts! It doesn’t mean anything more than a reference (just filter it out). For quick news, use each coin’s Twitter!
[Coincode (coincode.kr), if you share, please leave the source. ]
POST The the FBI, cryptocurrency use increased leverage in the business e-mail scam appeared first on the coin code .
Disclaimer: The content of the “Coin Code Spot” section is one source that is provided after translation into Korean or English, and is composed based on a reliable reporter, but it does not mean that the information has been confirmed. We cannot provide opinions, etc. Faster and faster breaking news of various foreign media is available at’coincode.kr’ .
Author/ Translator: Jamie Kim
Bio: Jamie Kim is a technology journalist. Raised in Hong Kong and always vocal at heart. She aims to share her expertise with the readers at blockreview.net. Kim is a Bitcoin maximalist who believes with unwavering conviction that Bitcoin is the only cryptocurrency – in fact, currency – worth caring about.