Americans lost $5.6 bln last year in crypto fraud scams: FBI
Bitcoin
WASHINGTON Americans were duped out of more than $5.6 billion last year through fraud schemes involving cryptocurrency , the FBI has said in a report that shows a 45 percent jump in losses from 2022. The FBI received nearly 70,000 complaints in 2023 by victims of financial fraud involving bitcoin, ether and other cryptocurrencies, according to the FBI. The most rampant scheme was investment fraud, which accounted for $3.96 billion of the losses. “The decentralized nature of cryptocurrency, the
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