Krutika Adani
The year 2024 saw a significant drop in losses due to crypto crimes in the third quarter.
As compared to the last year, there is a 40% drop in net losses in crypto crimes.
The biggest drop was seen in frauds, at 86%, as crypto users get more aware.
Despite all preparations, new users remain vulnerable to crypto crimes and often easily trust phishing or ponzi scams.
The best way to stay safe is to find quick ways of getting rich. High promises of returns are the most common ways to lure these investors.