A new FBI report has revealed that cryptocurrency scams in the U.S. reached a record high in 2025, with reported losses of almost $11.4 billion.
According to the FBI’s 2025 Internet Crime Report, cyber-enabled crimes have defrauded Americans of almost $21 billion, with the costliest complaints involving cryptocurrency and artificial intelligence (AI). That number is up from $16.6 billion in 2024 and $10.3 billion in 2023.
With 181,565 complaints totaling over $11 billion, Americans who filed complaints about cryptocurrencies reported the largest losses. The average individual loss from cryptocurrency scams was approximately $62,000. More than 22,000 complaints mentioned AI, with a total of $893 million in reported losses.
1,008,597 complaints were filed with the Internet Crime Complaint Center (IC3) in 2025, up from 859,532 in 2024. The most common complaints were about investment schemes, extortion, and phishing/spoofing. Losses reported by Americans over 60 years of age totaled about $7.7 billion, a 37% increase from 2024.
With reported losses exceeding $17.7 billion, the IC3 received about 453,000 complaints of cyber-enabled fraud. Nearly 49% of all scam-related losses were due to investment fraud.
“The FBI’s 2025 Internet Crime Complaint Report highlights the ever-evolving tactics of internet scammers,” the FBI’s Baltimore office wrote on X. “From fake social media profiles to voice cloning and AI-generated content, cyber criminals are evolving.”