A new report finds that fake investment scams have netted the most funds among all the types of active blockchain scams.

Image: Wit Olszewski/Shutterstock

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…

Read full article at scammernews.com

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