Only in the first 59 days of 2018, $ 1.36 billion has been illegally seized. Excluding losses on the three Coincheck, Bitconnect and Bitgr...
Only in the first 59 days of 2018, $ 1.36 billion has been illegally seized. Excluding losses on the three Coincheck, Bitconnect and Bitgrain exchanges, the figure was $ 542 million. If
this situation lasts until the end of this year, the illegal currency
grabpers will "pocket" $ 3.25 billion, equivalent to the gross domestic
product of a small country in Africa.
Common forms of virtual money seizure in 2018. Source: News.bitcoin.com |
News.bitcoin.com reports that each major virtual cash advance was reported in the first two months of this year. Incidents that happened in 2017 but are so far discovered are also included.Bitconnect's acquisition last year was also on the list, but losses were recorded at $ 250 million instead of $ 1.5 billion. Similarly, the damage from AriseBank's ICO fraud was reported to be lower than the reported $ 600 million.However, giving an accurate estimate of the amount of damage in virtual money seizures every day is an impossible task. With a minimum loss of $ 400,000 a day, countless mini-incidents on Twitter and Telegram were not counted.News.bitcoin.com will continue to monitor upcoming appropriations and publish an updated list later this year. This will show the number of frauds taking over the virtual currency and the damage increases or decreases over time. Compared
to the total value of the virtual currency market, the damage caused by
virtual money misappropriation is not large, but warning people of the
dangers of stalking is the first step to prevent similar incidents. in the future.