Crypto Fraud Soars in 2024 Amid High-Risk Transactions Boost

Description

According to Bitrace’s 2025 Crypto Crime Report, crypto-related fraud increased sharply in 2024. High-risk Ethereum (ETH) and Tron network blockchain addresses received over $278 billion in digital assets. These addresses are often connected to fraud or illegal activities and are used more to transfer and store cryptocurrencies, especially stablecoins. Illegal Financial Activity Focus on Ethereum and Tron The report highlights the increasing risk of illegal financial activity in decentralized fi...