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$1.2 billion in crayptocurrency has been stolen since 2017 | cybercrime group | news

$1.2 billion in crayptocurrency has been stolen since 2017 | cybercrime group

$1.2 billion in crayptocurrency has been stolen since 2017 | cybercrime group
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“Put the in the bag and nobody gets hurt.”

NEW YORK (Reuters) – Criminals have stolen about $1.2 billion in cryptocurrencies since the beginning of 2017, as bitcoin’s popularity and the emergence of more than 1,500 digital tokens have put the spotlight on the unregulated sector, according to estimates from the Anti-Phishing Working Group released on Thursday.

ryptocurrency has skyrocketed in value over the past year, so it shouldn’t be too surprising that thieves want a piece of the pie.

This estimate includes both reported and unreported theft, according to the report.

The report also says that only 20 percent or less of this stolen cryptocurrency has been recovered, claiming that law enforcement is having a hard time finding these criminals.

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