Data show is Cryptocurrency of choice for Ethereum scams
This is the scripter’s choice of cryptocurrency for various reasons of the company's latest Ethereum report highlights. According to the blockchain surveillance company, Chainalysis, fraud has resulted in large scale fraud in Ethereum ecosystem over the past two years.
## Scammer Swarm in Ethereum Blockchain
Several types of scams have often started to appear. Since the very early days, when people have learned how to create new cryptocurrencies or build digital asset trading platform such as infrastructure models.
The decoding Ethereum scam in the report of the Crypto Crime series, it explains how Ethereum is the top choice for crypt-related scandals in the ecosystem. This block channel monitoring company Chainalysis is issuing a series of reports related to recent trends in crypto crime. This is the Chainalysis report of the details of the number of scams through 2018.
It was only $ 17 million worth of ETH stolen in the scandals in 2017, but in 2018 nearly 36% of ETH was involved in $ 36 million frauds. The scam activity increased dramatically in the Chainalysis Report Details, which received money from nearly 40,000 unique users.
## From Giveaways to Ponies, 924 scams have been shown in Ether scam’s database, which are currently active
About 75% of the scam activity is taking place in 2018, which reports the year's report. In the end of 2018, since the end of 2016, the investigation has identified the address of more than 2,000 scandals on the city. However, those who remained older were more refined and very attractive.
[SOURCE](https://news.bitcoin.com/data-shows-ethereum-is-the-cryptocurrency-of-choice-for-scams)
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