CoinDesk: Research — Over $11 Million Lost in Bitcoin Scams Since 2011
With cryptocurrency Bitcoin increasingly popular for digital world transactions, the digital currency news site CoinDesk covered the research of SMU Bitcoin experts Marie Vasek and Tyler W. Moore, both in SMU's Computer Science and Engineering Department.
The study found that fraudulent schemes have scammed at least $11 million in Bitcoin deposits from unsuspecting cyber customers over the past four years.