July 18, 2024

AndronETalksNews

AndronETalksNews

Investors Have Lost $12 Billion This Year in DeFi Products and Services: Report

The Epoch Times

By Katabella Roberts

November 19, 2021 Updated: November 19, 2021

 

Investors have lost billions of dollars this year due to theft and fraud among criminals targeting decentralized finance (DeFi) products and services, according to new research by Elliptic.

The London-based firm, a leader in crypto-asset risk management, released the report titled, “DeFi: Risk, Regulation, and the Rise of DeCrime,” on Thursday. 

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