The U.S. witnessed a staggering 53% increase in losses from cryptocurrency investment scams in 2023, reaching a total of $3.94 billion, according to a recent report by the Federal Bureau of Investigation (FBI). What Happened: The FBI’s Internet Crime Report 2023 revealed that the total losses from scams related to crypto, such as Bitcoin (CRYPTO: BTC), Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB), in 2023 rose to $3.94 billion, marking a 53% increase from the previous year’s $2.57 billion, Coindesk reported. The report also brought to light that the overall investment frauds saw a 38% …
