#EthereumFuture The elderly in America lost billions in cryptocurrency scams; here's how we can stop the tide

We have spent decades creating regulations to protect seniors from predatory lenders and abusive caregivers. But are we ignoring the digital threats they now face when conducting transactions online? This grim reality is evident when analyzing the latest Internet Crime Complaint Center (IC3) report from the FBI.

According to the IC3 study, Americans aged 60 and older lost $4.8 billion due to cybercrime in 2024, a 43% year-over-year increase. The findings also revealed another disturbing reality: they filed 147,127 complaints, of which 7,500 lost $100,000 or more each. That's more than any other age group.