Crypto Scam Losses Soar to $11B as Seniors Are Devastated

The FBI's Internet Crime Complaint Center has released its report on crypto scams in 2025, and the numbers are alarming. Americans filed 181,565 complaints tied to crypto fraud last year, with total reported losses reaching $11.366 billion, a 22% jump from the prior year.

The demographic breakdown is particularly concerning, as Americans aged 60 and older filed 44,555 of those complaints and reported $4.4 billion in combined losses, the highest of any age group tracked by the FBI.

This represents a staggering 57% increase in losses among seniors from the previous year, with many falling victim to investment scams, impersonation schemes, and 'pig butchering' operations.