Crypto Scams Cost Americans an Estimated $80.7B in 2025: Report
Cryptocurrency was estimated to drive more than half of scam and cybercrime losses in the U.S., with total losses reaching about $80.7 billion under a Consumer Federation of America methodology that scales reported FBI losses by a 7.1x reporting multiplier. CFA estimates Americans lost $148.2 billion annually to online scams overall, or about $1,009 per household. FBI data showed $20.9 billion in reported losses across 1,008,597 complaints, and crypto scam reports alone reached $11.37 billion, up 22% year over year. Investment fraud was the largest category, with $8.6 billion reported and $61.4 billion estimated. People over 60 lost $4.4 billion to crypto fraud. The FBI also reported $893 million in AI-enabled crime losses. Enforcement efforts include victim warning programs, seizures, major forfeiture actions, and actions against offshore scam networks. CFA also criticized major social platforms for scam ads and backed stronger platform accountability.
