Crypto Scammers Stole $230M in 2024 – Biggest Scams

Bitcoin plunged below $90K, erasing over $230B from the market amid Trump’s tariffs. Solana fell below $150 as FTX’s token unlock looms. The Bybit hack stole $1.5B, adding to crypto’s $2B+ thefts in 2024. LockBit ransomware exploited Confluence vulnerabilities. Crypto scams hit $230M in 2024, with one victim losing $125M in a fake job interview. OKX faces a $500M fine, while the SEC dropped its probe into Robinhood. Meanwhile, crypto trading booms in India’s smaller cities despite regulations.

Reference: https://www.linkedin.com/newsletters/chain-train-7126277052151844864/