The FBI reports that cryptocurrency fraud losses are projected to reach a record high of $11.36 billion by 2025, with the elderly being the hardest hit.

CoinFeed reported on April 13th that, according to The Block, the FBI's Internet Crime Complaint Center released its annual report showing that cryptocurrency-related fraud losses reached a record $11.366 billion in 2025, a 22% increase year-over-year, accounting for more than half of the total $20.9 billion in internet crime losses for the year. The center received 181,600 cryptocurrency-related complaints, a 21% increase year-over-year, with an average loss of $62,600 per case. People aged 60 and older reported 44,500 complaints, resulting in losses of $4.4 billion, an increase of approximately 56% from $2.84 billion in 2024. Cryptocurrency investment scams caused $7.2 billion in losses, ranking first among all types of fraud. Scams perpetrated through cryptocurrency ATMs and self-service machines resulted in losses of $389 million, a 58% increase year-over-year.