AtlasVPN Report: From Q1-Q3 2021, US Citizens Lost $956 million to investment-related Crypto Scams

Amid the increasing mainstream crypto adoption, crypto-related frauds are also shooting through the roof. According to a recently published report by atlasVPN, Americans have lost upto $956 million, to investment-related crypto crimes this year from Q1 to Q3. This amounts to an unbelievable 277.8 percent hike in investment-related crypto frauds in 2021 as compared to last year. The reason behind this goes back to the stone-age saying, “with great power, comes great responsibility” and especially, since the decentralized industry remains unregulated while offering exceptional returns, the number of victims to crypto crimes also remain on a rise.