Say goodbye to Q2 and the crypto hacks, scams and rug pulls that came with it

Say goodbye to Q2 and the crypto hacks, scams and rug pulls that came with it

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2023-06-30 | 04:55

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Say goodbye to Q2 and the crypto hacks, scams and rug pulls that came with it

As if the pessimism around crypto weren’t enough, the industry is facing yet another quarter of hackers and scammers looking to make a quick buck. And to make things worse, it’s getting harder to trace and recover lost funds as well.

According to a new report, only $4.9 million was recovered of the $204.3 million the industry lost to hacks, scams and rug pulls in the second quarter.

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