Get the scoop on finance - sign up for mobile alerts
Scams, Hacks & Breaches
| On
March 28, 2023

One in Three US Crypto Investors Fell Victim to Fraudulent Websites or Investment Scams: Kaspersky Study

By Conor Devitt

A new survey conducted by Kaspersky indicates one in three US digital asset investors have had their crypto stolen.

The Russian cybersecurity firm surveyed 2,000 American adults about crypto last October.

ADVERTISEMENT

Kaspersky notes that 24% of the respondents said they currently own crypto assets.

According to the study, a third of the digital asset owners reported falling victim to a fraudulent crypto-related website or investment scam. Among that group of respondents, 19% reported experiencing identity theft.

Of the respondents who said they have had crypto stolen, the average theft amount was $97,583, according to Kaspersky.

Marc Rivero, a senior security researcher at Kaspersky’s Global Research and Analysis Team, says there is a “long list” of threats in the crypto ecosystem that investors need to be wary of.

ADVERTISEMENT

“Without any regulation or established common knowledge, people need to take care to protect themselves. This survey data shows a lot of people are falling victim, getting their crypto stolen in many cases, and in many others, losing real money and experiencing identity theft. Users should be very careful where they invest their money, keeping a close eye out for phishing scams and fake websites. They should employ any extra security measures that are available to them, such as multi-factor authentication, and should use strong, unique passwords across all accounts.”

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Follow us on X, Facebook and Telegram
Surf The Daily Hodl Mix
&nbsp
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney