The US estimated damage from cryptocurrency fraud at $80.7 billion
According to a report by the Consumer Federation of America (CFA), U.S. citizens lost an estimated $80.7 billion to cryptocurrency fraud in 2025. This figure is derived from data reported to the FBI's Internet Crime Complaint Center (IC3), which received 181,565 crypto-related complaints with claimed losses of $11.37 billion—a 22% increase from 2024. The CFA applied a 7.1 multiplier to account for significant underreporting.
Cryptocurrency fraud accounted for over half of all losses reported to IC3. The largest category of reported damage was investment fraud, totaling $8.6 billion (estimated $61.4 billion after the multiplier). The FBI specifically noted 61,559 crypto investment fraud complaints with losses of $7.23 billion. Individuals over 60 were disproportionately affected, reporting $4.43 billion in losses from 44,555 complaints.
Overall, IC3 received over 1 million complaints across all internet crimes in 2025, with reported losses of $20.88 billion. The CFA estimates total losses at $148.2 billion, or $1,009 per U.S. household. For the first time, the FBI separately tracked AI-enabled crimes, logging 22,364 complaints with $893.3 million in reported losses (estimated $6.3 billion). The FBI also highlighted its "Operation Level Up" initiative, launched in 2024, which has prevented over $500 million in potential crypto fraud losses.
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