In 2019 alone, cybercriminals were able to siphon away $4.26 billion from cryptocurrency users and exchanges, according to a new report by CipherTrace.
BITPoint, a cryptocurrency exchange in Japan, suffered one of the biggest scams this year, losing $28 million in July.
Six people were arrested in the Netherlands and the UK over a $27 million "typosquatting" scam, which involved making a fake website to gain access to user Bitcoin wallets.
Binance, one of the world's largest cryptocurrency exchanges, had $40 million of bitcoin stolen in May.
Source: Business Insider