In 2024 alone, Americans were scammed out of more than $9 billion as a result of this cryptocurrency fraud. Experts estimate, because of underreporting, that it is as much as 15 times more than the $9 billion. It starts by weaponizing the very devices that you and I hold and use every day to. To do our banking, to enrich our lives, to communicate with our friends and our loved ones. (00:37–00:45)
CLAIM
Asserts that the actual losses from cryptocurrency fraud could be up to 15 times more than reported.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
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