![cbsn-fusion-market-fraud-and-skepticism-fueling-the-crash-of-crypto-thumbnail-1067776-640x360.jpg](https://assets2.cbsnewsstatic.com/hub/i/r/2022/06/15/c0324862-dbf0-4c6c-80be-6080cc3e605d/thumbnail/640x360/110f88de55f484da9835a6e9f55ae437/cbsn-fusion-market-fraud-and-skepticism-fueling-the-crash-of-crypto-thumbnail-1067776-640x360.jpg?v=5710b2ed1cee1bdfd30cb9c02455b43d#)
What's behind the crash of cryptocurrency
The cryptocurrency market has lost about 70% of its value in the past 8 months. CBS News tech reporter Dan Patterson breaks down how fraud is damaging the appeal of crypto. He also spoke with actor Ben McKenzie, who is co-writing a book about crypto, about why people should be skeptical before investing in the digital currency.