2024 saw Spike in Crimes related to Crypto sector
The bygone year 2024 saw a strong bull run, greater crypto adoption and the world couldn’t stop talking about Bitcoin. The year also saw the total valuation of the crypto industry rising from $1 Trillion to $3.64 Trillion.
With greater crypto adoption in 2024, there was also a sporadic rise in criminal activities associated with the crypto sector. 2024 saw criminals looking to exploit the situation through activities such as ransomware attacks, kidnappings, and extortion schemes.
Consequently, incidents of ransomware, kidnappings, and extortion are on the rise, posing growing risks to crypto traders and investors as the sector expands. Recent weeks have seen several alarming cases that highlight how crypto traders are…
