There are lot scams and frauds
But, usually people know difference scams / not
there aren't any fraud statistic. but usually very small amount
But, usually people know difference scams / not
Currently Blockchain.info estimates USD transaction volume at $40M daily. Are there any statistic regarding total fraud in Bitcoin transactions?
there aren't any fraud statistic. but usually very small amount
If you include losses due to hacking, a couple of large transactions can really skew the total amount.
You can find a list of major hacks and scams in the thread https://bitcointalk.org/index.php?topic=576337 (Last updated: June 27, 2014).
There are at least 10 incidents of ≥10000 btc loss and at least 18 incidents of ≥1000 btc loss.
That throws the 'small amount' argument out of the window.