
According to the FBI’s annual IC3 report, cryptocurrency-related fraud losses hit a record in 2025, with investment scams causing most losses and older Americans reporting the largest totals.
The FBI said cryptocurrency-related fraud losses reached a record $11.366 billion in 2025, up 22% from the prior year, according to its annual Internet Crime Complaint Center report. The agency received 181,600 crypto-related complaints, with investment scams accounting for $7.2 billion in losses. Americans aged 60 and older reported $4.4 billion lost, while crypto ATM scams totaled $389 million. California recorded the highest state-level total, with $2.099 billion in reported crypto-related losses.