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. What to know : Americans lost $11.4 billion to cryptocurrency scams in 2025, a 22% increase from the prior year, according to a new FBI report. The FBI says most crypto scams are run by organized criminal groups in Southeast Asia that use human trafficking victims as forced labor to operate long-term, psychologically manipulative investment schemes. Complaints involving cryptocurrency rose 21% to 181,565, with average losses of $62,604 and nearly 18,600 victims each losing more than $100,000 amid a broader surge in online fraud.(Coindesk)