Reuters: The FBI reports that losses from crypto scams increased by 45% in 2023

The FBI’s Internet Crime Complaint Center reports that the rising popularity of cryptocurrencies like bitcoin and ether, driven by surging prices and new exchange-traded funds, has also attracted more criminal activity. Although blockchain transactions are traceable, criminals often transfer funds overseas, where weak AML regulations hinder U.S. law enforcement efforts. Despite these challenges, authorities continue to track illicit crypto activities…