In 2025, American citizens incurred losses of $80.7 billion due to cryptocurrency fraud, according to the Consumer Federation of America (CFA). This estimate is based on data from the FBI's Internet Crime Complaint Center (IC3).
Last year, the IC3 reported 181,565 complaints involving cryptocurrency, with the total claimed losses amounting to $11.37 billion — a 22% increase compared to 2024.
Cryptocurrencies accounted for more than half of all reported losses to the IC3.
The CFA multiplied the reported losses by a factor of 7.1, citing underreporting as a significant issue; the U.S. Bureau of Justice Statistics indicated that only about 14% of financial fraud victims report their experiences to law enforcement, based on their 2017 data.
Across all types of internet crimes, the IC3 received 1,008,597 complaints with a total claimed loss of $20.88 billion. The CFA estimated the overall losses for Americans from online fraud and internet crimes at $148.2 billion, equating to approximately $1,009 per household.
Source: Consumer Federation of America.Investment fraud emerged as the largest category of reported losses to the IC3, with losses in 2025 estimated at around $8.6 billion. After applying the 7.1 factor, the total was assessed at $61.4 billion.
Source: Consumer Federation of America.In a specific section regarding cryptocurrencies, the FBI noted 61,559 complaints related to crypto investments, with reported losses reaching $7.23 billion. Individuals aged over 60 submitted 44,555 complaints involving cryptocurrencies, with their reported losses amounting to $4.43 billion — nearly 39% of all crypto-related losses recorded by the IC3.
This age group also experienced the highest overall losses from internet crimes, totaling $7.75 billion, with an average reported loss of $38,500 per complaint.
Source: Consumer Federation of America.For the first time, the IC3 separately accounted for crimes involving artificial intelligence (AI). In 2025, the FBI recorded 22,364 such complaints, with reported losses totaling $893.3 million. The CFA recalculated this figure to an estimated loss of $6.3 billion.
According to the FBI, criminals have been using AI to create fake social media profiles, clone voices, and produce fraudulent documents and videos featuring public figures or the victims' acquaintances.
The IC3 report also highlighted the FBI's initiative against crypto investment fraud, known as Operation Level Up, which launched in early 2024. Since its inception, the operation has allegedly helped to alert over 8,000 potential victims and prevent losses exceeding $500 million. In 2025, these figures were 3,780 individuals and $225.9 million in potential losses, respectively.
In May, the FBI announced the seizure of over 127,000 BTC, valued at approximately $8 billion, as part of the international Operation Blackout targeting scam centers and their associated networks.