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How A 15-Year-Old Stole $24,000,000 in Bitcoin
Scammers spun up at least 7, blockchain wallets in May to collect crypto they steal from ordinary users, according to a blockchain security. Hackers have stolen nearly $2 billion of crypto this year and the crime trend isn't likely to stop, according to Chainalysis. It's important to understand that recovering stolen cryptocurrency can be incredibly difficult, and in many cases, it may not be possible.

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While individuals have come to trust several crypto wallets and exchanges in order to carry out transactions securely, if your crypto assets are lost, hacked or stolen, there is usually no way to recover your funds. Cryptocurrency thieves' primary target is wallets, where private keys are stored. However, consider that many people fall victim to hackers and scammers and lose money from their bank accounts because personal information is used to access them. Bullish group is majority owned by Block.