Crypto fraud hit the top level of all time in 2024 New FBI report Issued on Monday.
The loss is 66% compared to last year and is more than half of all cybercrime damage throughout the country. The FBI Internet Crime Complaints Center (IC3) announced nearly 150,000 crypto-related complaints as part of the annual criminal review on the web.
Older Americans lose billions for digital currency fraud
Americans over 60 have become the main targets of cryptocurrency fraudsters. The FBI report shows that the complaints are from elderly In 2024, 96%increased, with 33 36 reports compared to 16.96 in 2023. These older victims lost $ 2.84 billion to cryptocurrency schemes, which has increased by 71% last year.
Image: Obiex Blog
The younger age brackets did not fall behind. According to FBI statistics, less than 20 victims submitted reports at a loss of $ 7.77 million. Americans aged 20-29 reported stolen money worth $ 370.44 million, while the 30s lost a billion dollars. The most influenced by the feather of the working age was 40-49 years old, which lost $ 1.46 billion in cryptocurrency.
Investment fraud dominates the landscape of cryptocurrencies
The report states how fake investment schemes are still the most common and expensive cryptops. According to the FBI, this type of schemes caused 41,557 complaints and $ 5.81 billion damage, which is 47% increase compared to 2023 years. Victims are usually guaranteed a significant income for cryptocurrency investments that never come through.
Other FBI traceable cryptocurrency tactics include cryptocurrency machines and kiosk fraud, which included nearly $ 11,000 and $ 246.7 million in losses. The technical support fraud in which the attackers imitate IT support collected $ 962 million from more than $ 11,000. Working fraud paid Americans $ 197 million, while cryptocurrency fraud -related frauds in cryptocurrency cleared $ 237 million in searching for love.
Government imitation fraud, in which the attackers represent officials such as the IRS or Social Security Administration, caused $ 146 million cryptocurrencies. Ransomware attacks, although fewer 389 complaints, still caused $ 1.07 million damage.
As of today, the market cap of cryptocurrencies stood at $2.9 trillion. Chart: TradingView
FBI Prevention Program saves victims of $ 286 million
The FBI program “Operation Level” saved millions of dollars of potential losses, warning the cryptocurrency cheaters. The initiative informed 4323 potential victims of attempts to fraud on them. The report states that 76% of them had no idea that they would be cheated.
This warning system prevented $ 286 million in damage that would have resulted in a different result. The way this program succeeded $ 16.6 billion The Americans revolved on the web in 2024 – the 33% impetus as last year.
The Center for FBI's Internet Crime Complaints, which marks the 25th anniversary of this report, continues to monitor cryptocurrency fraud as one of the faster evolving cybercrime activities.
Highlighted Picture Issaro Prakalung / Eyem (Getty Images), Chart of TradingView
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