Investors robbed of $11 mn Bitcoins in four years: Study
Frauds such as online ponzi schemes have skimmed at least $11 million in Bitcoin deposits from unsuspecting cyber customers over the past four years, a study says.
Bitcoin is the digital world`s most popular virtual currency, with millions in circulation.
“Our calculation of $11 million is almost certainly at the low-end,” said lead researcher Marie Vasek from Southern Methodist University in the US.
“The amount of Bitcoin that depositors have lost to these scams is probably many millions more,” Vasek added.