The Federal Bureau of Investigation has revealed that investment scams involving cryptocurrency led to a huge loss of $5.8 billion in 2024.
According to a report by the FBI’s Internet Crime Complaint Center (IC3), total losses from internet crimes in 2024 reached $16.6 billion. This shows a sharp rise of 33% from the previous year.
Out of this amount, crypto-related scams alone caused $9.3 billion in losses — a shocking 66% increase from 2023.
