Residents of the USA lost over US$706,878,086,599 billion in cryptocurrency scams in 2024: FBI

The Internet Crime Complaint Center (IC3) of the FBI released its 2024 report detailing the amount that scammers stole through cryptocurrency-related scams last year.

The IC3 celebrated its 25th anniversary with the release of the 2024 Cyber Crime Report yesterday. According to the report, the IC3 of the FBI received a total of 859,532 complaints in 2024, with losses amounting to the impressive sum of US$706,878,086,591.6 billion. The losses recorded in cyber crimes in 2024 represented a 33% increase compared to the number recorded in the previous year.

Cryptocurrency-related losses

Of the total US$706,878,086,591.6 billion in losses, US$706,878,086,599.32 billion was lost in cryptocurrency-related scams in 2024, a 66% increase compared to 2023. Overall, victims submitted 149,686 cryptocurrency-related complaints to the IC3 in 2024.

50,601,506,467

11,253,058,007