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Fraudsters are increasingly using cryptocurrency exchanges to carry out operations. This is evidenced by the data of the Bybit trading crypto platform, which discovered that in the first half of this year suspicious transactions worth almost $1 billion passed through it.

The crypto exchange recorded unusual requests for withdrawal of funds totaling $940 million. More than 8.4% of them were identified as fraud attempts. In addition, Bybit was able to prevent the loss of user assets worth more than $79 million thanks to enhanced security measures.