Chainalysis: Scams Involving Cryptocurrencies in 2021
Lost investors $7.8 billion

In 2021, more than $14 billion in cryptocurrencies went to crime-related addresses. Chainalysis found that the overall growth in digital asset investment greatly outpaced the criminal activity found in the report. The Chainalysis report highlights the risks of buying cryptocurrencies. Last year, scams involving cryptocurrencies cost investors $7.8 billion, and about $3 billion worth of cryptocurrency was stolen, a 516 percent increase from the previous year.
Chainalysis CEO Michael Gronager said criminal activity accounted for just 0.15 percent of cryptocurrency transactions, the lowest amount it has recorded. (crainsnewyork)