Decentralized Finance Platform Fraud at Record High

Published on May 17, 2021

A surge in the growth of decentralized finance platforms (“DeFi”) that lend cryptocurrencies has been matched by a record high in DeFi fraud cases. “Losses from DeFi-related hacks [have] already exceeded the $129 million taken for the whole of 2020. In 2019, there were no DeFi losses reported,” writes Reuters.

If you have been affected by cryptocurrency financial fraud, fiduciary malfeasance, or are under investigation by the SEC or FINRA, speak with an attorney at Warren Law Group today for a free assessment of your case: (866) WLGROUP, or email

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