Flutterby™! : crypto scams

crypto scams

2025-04-24 02:24:25.730984+02 by Dan Lyke 2 comments

In a link to the FBI IC3 (Internet Crime Complaint Center) Internet Crime Report 2024, Molly White @molly0xfff@hachyderm.io says

FBI: Americans aged 60 and older reported losing almost $3 billion to crypto fraud last year. In total, Americans reported being scammed out of around $9.3 billion via crypto, out of a total $16.6 billion in total reported Internet crime losses that year.

...and I kinda wonder if we're doing a disservice when we call out cryptocurrency based scams as such, because that implies that there are things about cryptocurrency that aren't awful and horrible.

[ related topics: Interactive Drama Law Enforcement Net Culture Cryptography Race ]

comments in ascending chronological order (reverse):

#Comment Re: crypto scams made: 2025-04-24 16:27:12.499989+02 by: brainopener

Kleptocurrency.

#Comment Re: crypto scams made: 2025-04-24 18:20:31.802335+02 by: Mars Saxman

frankly, I think that everything to do with *any* kind of money is awful and horrible: cryptocurrency just makes it more obvious, by forcing us to look at the situation with fresh eyes.

Add your own comment:

(If anyone ever actually uses Webmention/indie-action to post here, please email me)

Format with:

(You should probably use "Text" mode: URLs will be mostly recognized and linked, _underscore quoted_ text is looked up in a glossary, _underscore quoted_ (http://xyz.pdq) becomes a link, without the link in the parenthesis it becomes a <cite> tag. All <cite>ed text will point to the Flutterby knowledge base. Two enters (ie: a blank line) gets you a new paragraph, special treatment for paragraphs that are manually indented or start with "#" (as in "#include" or "#!/usr/bin/perl"), "/* " or ">" (as in a quoted message) or look like lists, or within a paragraph you can use a number of HTML tags:

p, img, br, hr, a, sub, sup, tt, i, b, h1, h2, h3, h4, h5, h6, cite, em, strong, code, samp, kbd, pre, blockquote, address, ol, dl, ul, dt, dd, li, dir, menu, table, tr, td, th

Comment policy

We will not edit your comments. However, we may delete your comments, or cause them to be hidden behind another link, if we feel they detract from the conversation. Commercial plugs are fine, if they are relevant to the conversation, and if you don't try to pretend to be a consumer. Annoying endorsements will be deleted if you're lucky, if you're not a whole bunch of people smarter and more articulate than you will ridicule you, and we will leave such ridicule in place.

Flutterby™ is a trademark claimed by

Dan Lyke

for the web publications at www.flutterby.com and www.flutterby.net.