A study conducted by the FBI in 2024 revealed that cryptocurrency-related fraud resulted in financial losses totaling approximately $9.3 billion. The report highlighted that older adults were disproportionately impacted, accounting for a significant portion of the losses. Specifically, there were around 33,000 complaints filed by older victims alone, with their collective losses reaching nearly $2.8 billion. This data underscores the growing vulnerability of older populations to digital asset scams and the increasing sophistication of fraud schemes targeting cryptocurrency users.