Based on MarsBit, independent investigator ZachXBT has exposed the global scale of cryptocurrency fraud, identifying the top 10 countries where victims suffered the highest individual losses. Between 2022 and 2025, ZachXBT documented 118 verified fraud cases, including NFT exit scams and cross-chain money laundering. The data shows that the highest average losses per victim occurred in the UAE, the U.S., Chile, and India. Contrary to common stereotypes, Nigeria is not among the top 10. The report also highlights that fraud is a global issue, with perpetrators and victims spread across all continents. ZachXBT emphasizes that crypto fraud is not confined to any one region but is driven by anonymity, greed, and weak regulation.
ZachXBT Reveals Global Crypto Fraud Distribution: Top 10 Countries with Highest Losses
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