FBI Reports Record Crypto Scam Losses Exceeding $11 Billion

The Federal Bureau of Investigation (FBI) has published its annual report on internet crime, highlighting the growing threat of cryptocurrency scams. According to the report, Americans suffered a record loss of $11.36 billion due to crypto scams in 2025, representing a significant increase of 22% compared to the previous year.

This figure marks the highest ever recorded for any single fraud category and underscores the increasing sophistication of cybercriminals. The total cybercrime losses reached a staggering $20.9 billion, with over 1 million complaints filed with the FBI in 2025 alone.

The report highlights the role of organized crime groups in Southeast Asia, which are using social media, dating apps, and messaging platforms to perpetuate crypto scams. These scams often involve 'pig butchering' operations, where victims are lured into investing in fake cryptocurrency platforms with promised high returns.

The FBI has launched Operation Level Up to combat these crimes, which has already saved over 8,000 victims and prevented more than $500 million in losses. To stay safe from crypto scams, experts recommend verifying the authenticity of investment platforms, being cautious of unsolicited messages, and reporting any suspicious activity immediately.