Crypto Hacks Totaled $19B Since 2011: Crystal Intelligence

The chart of the day is presented by crypto.com, the leading crypto platform trusted by over 80 million users worldwide. Let's take a look at the chart of the day. According to a new report from Crystal Intelligence, almost $19 billion worth of Cryptocurrency has been stolen in thefts over the past 13 years. The report notes 785 incidents of crypto theft comprising of 220 security breaches, 345 D FI hacks and 220 fraud schemes. The largest theft took place in 2019 when $2.9 billion was stolen in connection to the plus token Ponzi scheme. Crypto crime has only continued to surge since then. The industry saw a record of 286 incidents of crypto thefts in 2023 which totaled more than $2.3 billion in value. That's it for today's chart of the day. I'm Michelle Musso in for Jen San Nai and we'll see you next time.