$13.7 million: Atlas VPN adds up the impact of the top 10 most successful blockchain scams
Veronica Combs, 07 July 2021
If you have been swindled by a blockchain con, the most likely culprit is a fake investment scam, according to an analysis by Atlas VPN. The top 10 most successful currently active blockchain scams have collected $13.7 million so far, the report found.
CryptoMixer.com, a fake Bitcoin tumbler, is the biggest known active blockchain scam in terms of funds collected. This scam has collected 167 payments adding up to $2.5 million.
The InternationalGlobalPay.com scam has earned $2.3 million and the third most successful con is occupied by malware linked to a fake wallet app. This lure cost people a total of $1.9 million.
The analysis found that fake investment scams have attracted the most funds among all the active scams. This category has collected over $8 million, which is 60% of the total amount of money lost to the top 10 scams.