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Over $2 million in cryptocurrency was sent to Elon Musk impersonators in the last 6 months

Reproduced from FTC; Chart: Axios Visuals

The cryptocurrency hype is real. New numbers show how scammers are benefiting.

Driving the news: Reported losses tied to crypto scams spiked 1,000% in the past year, the Federal Trade Commission said Monday. That includes over $2 million that people have sent to Elon Musk impersonators. (Yes, really.)

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