A cryptocurrency exchange automat is seen at a cryptocurrency mining facility in Pristina, Kosovo June 12, 2018. Picture taken June 12, 2018. REUTERS/Hazir Reka
Cryptocurrencies stolen from exchanges and scammed from investors surged more than 400% in 2018 to around $US1.7bil (RM6.9bil), according to a report from US-based cyber security firm CipherTrace released on Tuesday.
Of the US$1.7bil, the report, which looks at criminal activity in the digital currency market, said US$950mil (RM3.9bil) constituted thefts from cryptocurrency exchanges and infrastructure services such as wallets, up nearly 260% from US$266mil (RM1bil) in 2017.
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