The FBI's Internet Crime Complaint Center reports that Americans lost $11.366 billion to cryptocurrency fraud in 2025, representing a 22% increase from $9.3 billion in 2024, with the agency receiving 181,565 crypto-related complaints. Older Americans aged 60 and above bore a disproportionate burden, accounting for nearly 40% of all losses at $4.432 billion despite representing only 17% of the U.S. population. Crypto investment scams dominated the landscape at $7.228 billion in losses, while crypto ATM fraud surged 58% to $389 million. State regulators are responding with varied approaches, including West Virginia's new licensing requirements for crypto kiosks and Connecticut's suspension of Bitcoin Depot's operating license, while experts warn that scammers are evolving toward more sophisticated AI-powered social engineering tactics.
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