Because the crypto market rallied by way of 2025 — led by a powerful Bitcoin (BTC) ascent that pushed costs to recent all‑time highs within the fourth quarter — Individuals additionally confronted a pointy rise in crypto‑associated scams, the Federal Bureau of Investigation (FBI) reported in its 2025 Web Crime Report.
Rising Fraud Concern
The FBI stated US victims misplaced $11.4 billion to cryptocurrency fraud in 2025, a 22% enhance from the prior 12 months. That determine is predicated on 181,565 complaints involving crypto property, itself up 21% 12 months‑over‑12 months.
The Web Crime Grievance Middle (IC3) logged 1,008,597 complaints in 2025, a rise from 859,532 in 2024. Phishing and spoofing, extortion, and funding schemes remained the grievance classes reported most frequently.
Older Individuals suffered disproportionately giant losses. Complainants aged 60 and older reported roughly $7.7 billion in losses — a 37% rise over 2024 — reflecting persistent focusing on of retirees and different seniors.
One other rising menace is using synthetic intelligence (AI): for the primary time, the report contains an AI part. The IC3 obtained 22,364 complaints tied to AI‑enabled scams in 2025, with reported losses approaching $893 million.
These schemes usually deploy excessive‑strain techniques whereas leveraging fabricated social profiles, voice cloning, counterfeit identification paperwork, and deceptively lifelike movies of public figures or victims’ relations to steer targets at hand over funds.
California, Texas, Florida Lead In Crypto Complaints
The report additionally calls out fraud centered on cryptocurrency ATMs and kiosks. In 2025, there have been 13,460 complaints linked to crypto ATM use, leading to $389 million in losses — a 23% climb in complaints and a 58% bounce in greenback losses in contrast with 2024.
By crime kind, funding schemes had been the most typical grievance class, with 61,559 filings. Extortion and phishing/spoofing had been additionally outstanding, with 23,797 and seven,164 complaints, respectively.
The IC3 detailed a protracted record of different fraud sorts reported in 2025, together with tech/buyer help fraud, private information breaches, employment scams, and enterprise e-mail compromise, amongst others.
Geographically, complaints had been concentrated in populous states. California led the nation with 20,878 crypto‑associated complaints, adopted by Texas (13,965), Florida (13,381), New York (8,088), and Pennsylvania (5,118).
The FBI additionally outlined its enforcement and prevention efforts. Operation Degree Up, launched in 2024, has been a proactive outreach initiative to establish and notify individuals within the technique of falling sufferer to cryptocurrency funding fraud.
For the reason that program started, greater than 8,000 potential victims have been alerted, and the operation has helped curtail losses by over $500 million. Constructing on that method, the FBI launched Operation Winter SHIELD in 2026 to emphasise actionable steps organizations can take to strengthen their cybersecurity posture.
Featured picture from OpenArt, chart from TradingView.com
Editorial Course of for bitcoinist is centered on delivering totally researched, correct, and unbiased content material. We uphold strict sourcing requirements, and every web page undergoes diligent evaluation by our group of high know-how specialists and seasoned editors. This course of ensures the integrity, relevance, and worth of our content material for our readers.
