Americans lost $9.3B to crypto fraud in 2024 — FBI

Americans lost $9.3B to crypto fraud in 2024 — FBI
Americans lost $9.3B to crypto fraud in 2024 — FBI

The Internet Crime Complaints Center (IC3) has released its annual report, which clarifies complaints and losses due to fraud and fraud that involves an encrypted currency in 2024.

According to the report issued on April 23, IC3 receive More than 140,000 complaints indicating the cryptocurrency in 2024, which led to the losses of nearly 9.3 billion dollars. The office reported that individuals over 60 years old were more affected by encryption fraud, with nearly 33,000 complaints and $ 2.8 billion of losses.

source: Federal Bureau of Investigation

The report said: “Last year witnessed a new record for the losses that were reported to the IC3, with a total of $ 16.6 billion.” “The fraud represents the largest part of the reported losses in 2024, and Ransomwari was once again the most widespread threat of critical infrastructure, as complaints have increased by 9 % since 2023,” the report also indicated that, as a group, suffers from 60 years of losses and the oldest complaints.

The report added that the resulting losses increased about 66 % since 2023, from about 5.6 billion dollars to 9.3 billion dollars. The most important percentage of losses occurred due to investment plans in encryption, while the largest number of complaints related to “Sextinter” plans, as the fraudsters manipulated with pictures and videos to create explicit content. Other fraud operations included plans that involve the use of ATMs or encrypted stalls.

Related to: The encryption fraud uses fears of the trade war to attract victims, and to warn the International Agency for Canadian Oversight

In February, the FBI informed that the “operating level” has saved potential fraud victims to encrypt nearly 285 million dollars between January 2024 and January 2025. However, Blockchain Analysis may gain that 2025 can see the largest number of frauds so far, given that the first AI makes practice “more applicable and responsible For bad actors.

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Globally, the analysis collection estimated that there were approximately $ 41 billion in the volume of illegal encryption in 2024, with approximately 25 % of the money involved in “piracy, extortion, trafficking or fraud”. Some of the most prominent crimes included $ 1.4 billion of stolen encryption from the Bybit Stock Exchange in March and North Korean infiltrators who receive more than $ 1.3 billion.

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