Marc Rivero – Senior Security Researcher at Kaspersky’s Global Research and Analysis Team – claimed that the lack of comprehensive regulations had recently triggered an increase in cryptocurrency scams. 36% of the participants aged 25-44 admitted owning some cryptocurrencies, while only 10% of those aged 55+ were HODLers. It is worth noting that older people have not embraced the asset class the way youngsters have done it. Just 8% of those older than 55 had some assets siphoned due to such reasons. The average value of the lost assets was nearly $100,000, while 15% of the respondents admitted parting with up to $1,000,000 worth of tokens.īad actors predominantly scam individuals via fraudulent websites or fake investment platforms, as the majority of victims were aged 18-24. Kaspersky surveyed 2,000 American adults to estimate that around 30% of those who have hopped on the crypto bandwagon had become victims of theft. ‘People Need to Take Care to Protect Themselves’

A study conducted by the cybersecurity company Kaspersky determined that approximately a third of the US crypto investors have had some portion of their stash stolen by hackers.īad actors usually con victims by luring them to enter a counterfeit website or urging them to join a dubious investment platform.