Data: Indian users visit crypto scam sites millions of times in past two years

Time:2022-01-16 Source: 886 views Trending Copy share

Indian users have visited a number of websites running crypto scams millions of times over the past two years, according to data from blockchain tracking firm Chainalysis Pte Ltd.

In 2020, Indians allegedly visited crypto scam sites more than 17.8 million times, and in 2021, the number of visits dropped to 9.6 million.

The value of cryptocurrencies held in illicit wallet addresses worldwide surged 79 percent last year, from $7.8 billion to $14 billion in 2020, according to a Chainalysis report on global crypto crime in December 2021.

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