Crypto Scam and Hack Losses Fall to $28.6 Million in December 2024, Down from $63.8 Million in November

In December 2024, losses from crypto scams and hacks fell to $28.6 million, marking the lowest monthly total for the year, according to blockchain security firm Certik.

This decline is notable compared to previous months, with November losses recorded at $63.8 million and October at $115.8 million.

The decrease reflects a significant reduction in the impact of crypto-related fraud and security breaches as the year concluded.

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