5 Countries Leading in Crypto Scams

Harpreet Singh Kapula

North Korea - State-backed hackers stole $1.34B in 2024, funding nuclear programs through crypto thefts

Cambodia - Scam centers exploit trafficked labor, generating $19B annually, over 60% of GDP

Singapore - Scam losses reached S$1.1B in 2024, highest per capita globally

France - Leading in crypto-related kidnappings, with six cases reported in 2025

Argentina - $LIBRA coin scandal led to \$250M losses, implicating the president in a rug pull

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