Crypto fraud leaps 32% in year in UK to £226 million

The value of UK crypto fraud losses leapt 32% in a single year to hit UK£226 million (US$269.75 million) in the 12 months to 30 September 2022, from UK£171 million (US$204.1 million), according to data released by law firm Pinsent Masons.

By Sara Lewis

The value of UK crypto fraud losses leapt 32% in a single year to hit UK£226 million (US$269.75 million) in the 12 months to 30 September 2022, up from UK£171 million (US$204.1 million), according to data released by law firm Pinsent Masons.