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Americans lost $9.3 billion due to cryptocurrency fraud in 2024, the FBI reports. The Federal Bureau of Investigation's report states that the largest losses were incurred by people over 60 years old — about $2.8 billion.
In 2024, the FBI's Complaint Center received over 140,000 reports related to cryptocurrency crimes. Losses in this sector increased by 66% compared to 2023, when losses amounted to $5.6 billion.
The majority of losses were due to investment crypto schemes, and the highest number of complaints were related to episodes in which scammers used photos and videos to create compromising content.
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