Coin Edition -
- CertiK released statistics regarding the financial toll of fraudulent activities in November.
- The firm confirmed approximately $363 million was lost to exploits, flash loans, and exit scams during the month.
- Based on the figure, CertiK concluded November was the most lucrative month for scammers and hackers in 2023 so far.
CertiK, a leading company dedicated to monitoring risks and detecting scams within the crypto sector, has released an update detailing alarming statistics regarding the financial toll of fraudulent activities in November.
Per the disclosure on the X (formerly Twitter), the CertiK confirmed approximately $363 million was lost to exploits, flash loans, and scams last month. Exit scams accounted for around $1.1 million, while flash loans constituted approximately $45.5 million of the total losses.
The overwhelming majority of the financial impact came from exploits, which amounted to $316.4 million. Based on the figures, CertiK concluded that November was the most financially damaging month so far in 2023.
#CertiKStatsAlert