FBI Reports $5.6 Billion Losses in Cryptocurrency Fraud for Americans in 2023

Reported about 1 month ago

According to an FBI report, Americans lost over $5.6 billion to cryptocurrency fraud schemes in 2023, marking a 45% increase from the previous year. Almost 70,000 complaints were received, primarily related to investment fraud, which accounted for around $3.96 billion of the losses. Scammers often build trust through dating apps and social media before directing victims to fake investment platforms. The FBI warns that anyone can be a target and advises extreme caution with unfamiliar investment opportunities.

Source: YAHOO

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