Top Crypto Scams in 2022-2024: Analysing Trends, Tactics, and Regulatory Responses

I tiakina i:
Ngā taipitopito rārangi puna kōrero
I whakaputaina i:The Institute of Electrical and Electronics Engineers, Inc. (IEEE) Conference Proceedings (2025), p. 1-9
Kaituhi matua: Botha, Johnny
Ētahi atu kaituhi: Luoma-Aho, Vilma, Leenen, Louise
I whakaputaina:
The Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Ngā marau:
Urunga tuihono:Citation/Abstract
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Kāore He Tūtohu, Me noho koe te mea tuatahi ki te tūtohu i tēnei pūkete!

MARC

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024 7 |a 10.23919/IST-Africa67297.2025.11060494  |2 doi 
035 |a 3229260039 
045 2 |b d20250101  |b d20251231 
084 |a 228229  |2 nlm 
100 1 |a Botha, Johnny  |u Council of Science and Industrial Research,Pretoria,South Africa,0184 
245 1 |a Top Crypto Scams in 2022-2024: Analysing Trends, Tactics, and Regulatory Responses 
260 |b The Institute of Electrical and Electronics Engineers, Inc. (IEEE)  |c 2025 
513 |a Conference Proceedings 
520 3 |a Conference Title: 2025 IST-Africa Conference (IST-Africa)Conference Start Date: 2025 May 28Conference End Date: 2025 May 30Conference Location: Nairobi, KenyaThis study analyses the most prominent cryptocurrency scams from 2022 to 2024, highlighting certain trends and common manipulation tactics used by fraudsters during this period. The paper builds upon a previous study that examined the most prominent scams, during the COVID-19 pandemic, between 2020 and 2022, a period characterised by substantial market volatility and heightened investor interest. In contrast, the period from 2022 to 2024 was marked by a bear market, during which investor interest in cryptocurrency declined. Despite this downturn, several significant scams emerged, which are analysed. The findings reveal a significant reported financial loss, highlighting investors' vulnerabilities. The paper does a comparison analysis per year on the type of scams, monetary losses, the founding country of the scams, the number of users affected, and arrests made. By examining the financial impact of these scams, the study aims to provide insight into the scale and severity of fraud in the cryptocurrency market during this period. The paper highlights the dire need for enhanced public awareness and regulatory entities to combat the evolving landscape of cryptocurrency fraud. Lastly, the study aims to inform policymakers, industry stakeholders, and researchers about the pressing challenges in securing the cryptocurrency ecosystem. 
651 4 |a Africa 
653 |a Pandemics 
653 |a Digital currencies 
653 |a Public awareness 
653 |a Bear markets 
653 |a Trends 
653 |a Tactics 
653 |a Fraud 
653 |a Economic 
700 1 |a Luoma-Aho, Vilma  |u School of Business & Economics, University of Jyväskylä,Finland 
700 1 |a Leenen, Louise  |u Computer Science, University of Western Cape,Bellville,South Africa,7535 
773 0 |t The Institute of Electrical and Electronics Engineers, Inc. (IEEE) Conference Proceedings  |g (2025), p. 1-9 
786 0 |d ProQuest  |t Science Database 
856 4 1 |3 Citation/Abstract  |u https://www.proquest.com/docview/3229260039/abstract/embedded/ZKJTFFSVAI7CB62C?source=fedsrch