Cyvers: In 2024, the 'Ponzi scheme' deceived investors out of $5.5 billion in funds

BlockBeats news, on February 20th, according to Cointelegraph, ‘Ponzi scheme’ eyewash has become one of the most widespread threats facing Cryptocurrency investors. A report from blockchain security company Cyvers stated that by 2024, identified cases have resulted in losses amounting to tens of billions of dollars, involving 200,000 cases. ‘Ponzi scheme’ is a type of phishing eyewash involving long-term and sophisticated manipulation, deceiving investors into voluntarily sending assets to fraudulent Cryptocurrency Addresses. By 2024, ‘Ponzi scheme’ eyewash based on the Ethereum network has led to losses exceeding $5.5 billion in the Cryptocurrency industry, involving 200,000 identified cases.