Over $4 Billion Moved by Cryptocurrency Scams in Paraguay

Diosnel Alarcon, head of the cybercrime unit of the National Police of Paraguay, has indicated that over $4 billion was moved by cryptocurrency scams and Ponzi schemes in 2023 and 2024. Alarcon stated that middlemen help these platforms thrive, as people investing don’t know the basics of crypto. Paraguay Registers $4 Billion in Cryptocurrency Scams

Source: Bitcoin.com