2026-01-09 00:24:48

The U.S. Treasury Department estimates paint a sobering picture: federal fraud could be draining $300 billion to $600 billion annually from government coffers. That's roughly 10% of total government spending—a staggering figure that raises eyebrows. If recovered, these losses would represent up to 2% of GDP, a meaningful chunk of economic output. The scale of this leakage through fraud raises critical questions about system vulnerabilities and accountability mechanisms. How much economic inefficiency stems from these fraud channels? And what does this mean for fiscal sustainability when recovery rates remain low?

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DaoTherapy

· 01-12 00:24

$60 billion? Come on, man. The black hole in traditional finance is way bigger than crypto scams.

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DiamondHands

· 01-11 09:54

Wow, an annual loss of 600 billion? Is this number real? It feels like the system loopholes are even more outrageous than I imagined.

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GasFeePhobia

· 01-11 04:08

Wow, 600 billion USD just evaporated? This is basically a sieve... How outrageous can system vulnerabilities get?

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GasFeeAssassin

· 01-09 00:54

These numbers are really incredible. 30-60 billion USD just disappeared like that? It feels even more intense than some crypto market crashes.

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ProposalDetective

· 01-09 00:44

Wow, 30 to 60 billion dollars? How corrupt does that make it? No wonder those folks in the crypto world keep saying the traditional financial system has issues.

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AltcoinHunter

· 01-09 00:34

Damn, the US government is being exploited for 30-60 billion dollars a year? This number is so outrageous that I want to study the technical aspects of fraud tokens [laugh cry] --- Wait, 10% of expenditures flow into fraud? Then the US fiscal system must be very fragile, this wave is more fierce than any breakdown --- Really, instead of focusing on small project teams in the crypto circle, it's better to look at the US government's risk control system, which is full of loopholes --- With such a low recovery rate, it shows that the system has been completely breached. Isn't it time to get on board and investigate? --- I think this is the real signal of an economic crisis, more truthful than any macro data --- According to this ratio, the fundamentals of the US fiscal system have actually long been "broken," yet we're still trading cryptocurrencies --- 2% of GDP, brother, which is equivalent to evaporating the output of a medium-sized country every year. How despairing is that? --- So the US is also being "cut" financially, but it's just the taxpayers being sacrificed

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CrossChainBreather

· 01-09 00:31

$60 billion漏洞？That number is outrageous, it feels like the system itself is a sieve.

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LiquidityHunter

· 01-09 00:27

Wow, a $60 billion USD漏洞? What kind of outrageous system flaw is that... --- Honestly, being able to exploit 10% of expenses is entirely a design flaw, right? --- Speaking of which, the recovery rate being so low is truly despairing... Forget it, better keep a close eye on on-chain assets. --- 2% of GDP, if all that was moved into DeFi, NFTs would have already become rich haha. --- Six hundred billion every year just gone like that, no wonder inflation pressure is so high, the money has all been embezzled.

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