We’ve looked at identity fraud as a whole, it’s time we look at the industries more in-depth. In the first half of 2023, we decided to analyse identity fraud in the crypto industry and report our findings.

What Our Report Looks Into

In this report, we’re sharing a few insights, here’s what you can expect:

  • An overview of fraud as a whole
  • The most common methods of fraud
  • A look at an average fraudster
  • Nationality data
  • Document type data

Download the Identity Fraud in the Crypto Industry Report

All you need to know about identity fraud in the crypto industry is available below.

The Dangers of Identity Fraud in the Crypto Industry

Identity fraud can result in significant financial losses for businesses. Fraudsters may use stolen identities to make unauthorised transactions, open fraudulent accounts, or access company funds, leading to direct monetary losses. Additionally, companies that fail to promptly detect and address unusual activity or accept fraudulent information, allowing identity fraud to go unchecked, may ultimately face substantial fines. On top of this, when fraudsters gain access to a business, it triggers a cascade of problems that can undermine client trust and result in the loss of many loyal customers.