Crypto Scams Cost Americans an Estimated $80.7B in 2025: Report
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Crypto scams are estimated to have cost Americans an estimated $80.7 billion in 2025, a staggering seven times the $11.4 billion in reported losses, which is likely due to the low rate of fraud reporting, as indicated by a 2017 survey. This highlights the significant financial burden of unreported crypto scams on the US economy.
The figure is seven times that of the $11.4 billion in reported losses, a rate drawn from a 2017 survey on how rarely fraud is reported.