Slow regulations, fear of missing out (FOMO) and growing adoption are powering a crypto crime “supercycle,” according to cybersecurity practitioners.
Crypto crime losses hit a new record in the first half of 2025, beating the previous record set in 2022 and nearly data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/seed-phrase-front-end-hacks-drive-2025-record-crypto-loss” title=”null”>equal to the total losses from all of 2024.
Speaking to Cointelegraph, Bill Callahan, a retired DEA agent and cryptocurrency investigator, said a lack of regulation combined with data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/why-do-we-fall-for-crypto-scams-understanding-human-vulnerability-in-the-digital-age” title=”null”>hype and…

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