Cryptocurrency crime losses more than double to $4.5 billion in 2019, report finds
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NEW YORK (Reuters) - Losses from cryptocurrency crime surged to $4.52 billion (£3.5 billion) last year, as insider theft soared even as hacking losses declined, according to a report from blockchain forensics company CipherTrace seen by Reuters.Last year's losses were up nearly 160% from 2018's total of $1.74 billion. Blockchain, which first emerged as the system powering bitcoin, is a shared database maintained by a network of computers.Cryptocurrency user and investor losses due to fraud and..