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FBI Convenes Crypto Experts Amid Rising Complaints and Record Losses

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The FBI brought together hundreds of investigators, foreign law-enforcement partners, and crypto-security specialists in San Antonio for its Virtual Asset Technical Exchange.

U.S. cryptocurrency-related complaints exceeded $11 billion in reported annual losses during 2025.

Chainalysis estimated that sanctioned entities received roughly $104 billion in cryptocurrency during 2025, a 694% increase from the previous year.

North Korea-linked actors were attributed to approximately $643 million of cryptocurrency stolen in the first half of 2026, with TRM Labs confirming that one attack against Drift Protocol involved social engineering and manipulation of collateral.

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