Investors Lost $5.8B to Cryptocurrency Scams Last Year. Here's How to Keep Your Money Safe

Investors Lost $5.8B to Cryptocurrency Scams Last Year. Here's How to Keep Your Money Safe

If a scammer cons you out of your crypto, it's nearly impossible to reverse the transaction, experts say.

Crypto Scams Are Exploding — And There’s No Plan To Protect You

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The AMF intervened with 16 Quebecers who lost nearly $470,000 in cryptocurrency-related fraud.

FBI Reveals $5.8bn in Crypto Scam Losses for 2024

A chilling exposé of digital deception! the FBI’s 2024 Cryptocurrency Fraud Report, released April 22, 2025, disclosed that crypto investment scams siphoned a staggering $5.8 billion from victims worldwide, a 45% spike from 2023’s $3.96 billion. The report, cited by TheCable, detailed 23,000 complaints to the FBI’s Internet Crime Complaint Center, with investment scams—promising sky-high returns via fake trading platforms—accounting for 86% of l…

$5.8bn Lost To Crypto Investment Scams In 2024 ' FBI

The Federal Bureau of Investigation (FBI) has revealed that investment scams accounted for $5.8 billion, representing over 50 percent of all reported crypto losses in 2024. In a 47-page report, the FBI emphasised cryptocurrencys central role in cybercrime losses, citing nearly 150,000 complaints linked to fraudulent crypto activities. According to data from the FBI's Internet []

FBI report reveals crypto investment scams accounted for $5.8 billion of 2024 fraud losses

The Federal Bureau of Investigation (FBI) has released alarming findings on the rise of cryptocurrency-related cybercrime, revealing that investment scams accounted for $5.8 billion, more than 50% of all reported crypto losses in 2024.  The post FBI report reveals crypto investment scams accounted for $5.8 billion of 2024 fraud losses  appeared first on Nairametrics.