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Americans Lost $6bn To Crypto Scams In 2024 – FBI

Kazeem Tunde
1 Min Read

Americans Lost $6bn To Crypto Scams In 2024 – FBI

 

The Federal Bureau of Investigation has revealed that investment scams involving cryptocurrency led to a huge loss of $5.8 billion in 2024.

According to a report by the FBI’s Internet Crime Complaint Centre (IC3), total losses from internet crimes in 2024 reached $16.6 billion. This shows a sharp rise of 33% from the previous year.

Out of this amount, crypto-related scams alone caused $9.3 billion in losses — a shocking 66% increase from 2023.

 

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