Crypto Scams Rose by 81 Percent, Rug Pulls Cost Investors Over $7.7 Billion in 2021: Chainalysis

In a recent report, research firm Chainalysis revealed that scams mooched off over $7.7 billion (roughly Rs. 58,697 crore) in 2021. Out of these scams, rug pulls cost crypto investors over $2.8 billion (roughly Rs. 21,333 crore).