
Americans Lose $11.4 Billion to Crypto Scams in 2025 as Fraud Surges
Key Takeaways
- Americans lost about $11.37 billion to crypto scams in 2025.
- Losses rose about 22% year over year.
- IC3 recorded 181,565 cryptocurrency-related complaints in 2025.
Record Crypto Losses
Americans lost $11.4 billion to cryptocurrency scams in 2025, a 22% increase from the previous year.
“Americans’ losses to crypto scams rose to over $11 billion last year, FBI reports Fraud schemes grew more sophisticated and targeted larger sums than in 2024”
The FBI logged 181,565 complaints involving cryptocurrency, a 21% rise.

Investment scams alone accounted for $7.2 billion, the single largest loss category.
Individuals aged 60 and older suffered $4.4 billion in losses.
Organized Crime and Human Trafficking
The FBI identified primary perpetrators as organized criminal enterprises based in Southeast Asia.
These schemes use psychological manipulation and the appearance of legitimacy to deceive victims.

Chainalysis noted impersonation and AI-generated scams surpassing cyber-attack losses.
Sophisticated Scams and Vulnerable Victims
Crypto fraud employed increasingly sophisticated techniques including AI-generated deepfakes.
“Americans reported a record $11”
Crypto ATM scams generated hundreds of millions in losses.
Romance scams evolving into investment fraud created particularly cruel twists.
Widespread Impact and Underreporting
Losses from crypto fraud accounted for over 50% of total cybercrime losses in the US.
Researchers estimate only 2% to 15% of victims ever file reports.

Nearly 18,600 people reported individual losses above $100,000.
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