Crypto fraud losses in the US reach $11.4B in 2025 as complaints rise, with older adults and investment scams heavily impacted.
Crypto fraud has grown rapidly across the United States, causing major financial losses for many people. According to the Federal Bureau of Investigation, in 2025, Americans lost 11.4 billion to crypto-related scams. This amount shows a 22% increase compared to the previous year. Consequently, crypto fraud has emerged as one of the nation’s largest cybercrime issues.
Rising Crypto Scam Losses Across the United States
The report found that 181,565 complaints were made in 2025 concerning cryptocurrency scams. This was an increase of 21% over the last year. Such grievances were fraudulent websites, phishing, and counterfeit investment schemes.
FBI: US Crypto Scam Losses Hit $11.4B in 2025, Up 22%
The FBI’s 2025 Internet Crime Report shows US users lost $11.4 billion to cryptocurrency-related fraud in 2025, up 22% year over year, based on 181,565 crypto-asset complaints (+21%).
Average loss per complaint was $62,604,… pic.twitter.com/JR5ql2BQpH
— Wu Blockchain (@WuBlockchain) April 7, 2026
In addition, losses related to crypto accounted for over 50% of the total cybercrime losses in the country, which amounted to 20.87 billion. This demonstrates the extent to which the problem has escalated in the online space. The average loss per victim was $62,604, which is a large amount for most individuals. Moreover, 18,589 individuals claimed to have lost over 100,000.
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Moreover, analysts pointed out that most fraud is perpetrated by organized crime. These groups usually work out of areas in Southeast Asia and have extensive scam centers. In some cases, human-trafficking victims are forced to work in these centers.
Scam Methods, Targets, and Recovery Efforts
Scammers manipulate people to send money in various ways. A rising trend is through cryptocurrency kiosks, or crypto ATMs. More than 12,000 complaints and losses of more than 333 million dollars were attributed to fraud associated with these machines. These kiosks enable users to transfer crypto fast, and scammers use it to transfer money and evade detection.
Moreover, elderly people were also one of the most impacted groups. Individuals aged 60 and older lost approximately $4.432 billion in crypto scams. This was almost twice the losses of the second age group. Older people can be the victims of scammers since they might have some savings and can be more easily convinced by online investment opportunities. As such, the level of awareness plays a crucial role in the protection of vulnerable groups.
On the bright side, recovery has assisted numerous victims. The FBI’s Recovery Asset Team conducted 3,020 cases and froze approximately $ 560 million in funds. This led to a recovery rate of 66% in such cases. Nevertheless, prompt reporting is significant to enhance the possibilities of reclaiming lost funds.
Officials also caution citizens that no genuine government agencies or corporations will require people to pay in cryptocurrency. Individuals are advised to report fraud instantly using government websites. This assists the police in tracing criminals and acts more promptly.
Overall, the significant increase in crypto fraud indicates that people should be cautious, aware, and make wise decisions. With the growing popularity of cryptocurrency, remaining vigilant can help users prevent fraud and loss of money.
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