FBI "Last year, Americans over 60 lost about $3 billion to cryptocurrency scams"

Source
JH Kim

Summary

  • According to an FBI report, the losses suffered by Americans over 60 due to cryptocurrency scams amount to approximately $2.84 billion.
  • Data from IC3 indicates that the total losses from cryptocurrency investment scams are about $5.8 billion, a 47% increase from the previous year.
  • The Block reported that losses from scams using cryptocurrency ATMs amount to about $247 million.

The Internet Crime Complaint Center (IC3) under the Federal Bureau of Investigation (FBI) reported that in 2023, Americans over 60 suffered losses of approximately $2.84 billion due to cryptocurrency scams.

According to The Block, a cryptocurrency-focused media outlet, on the 23rd (local time), this figure is based on the analysis of a total of 33,369 internet crime reports received by IC3, with this age group accounting for the largest share of cryptocurrency-related scam losses.

Following this, the age group of 40-49 years old suffered losses of $1.46 billion.

IC3 stated, "The total estimated losses from cryptocurrency investment scams are about $5.8 billion, which is a 47% increase compared to the previous year."

Additionally, it added, "Losses from scams using cryptocurrency ATMs are estimated to reach about $247 million."

publisher img

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
What did you think of the article you just read?