Key facts
- A Consumer Federation of America report estimates crypto scams cost Americans $80.7 billion in 2025.
- The estimate was calculated by applying a multiplier to FBI figures.
- Investment fraud was the largest category of crypto scams.
- Individuals over 60 reported significant losses from crypto scams.
Cryptocurrency scams are estimated to have cost Americans a staggering $80.7 billion in 2025, according to a report released by the Consumer Federation of America. This significant figure was derived by the organization through the application of a multiplier to data previously reported by the FBI. The report highlights that investment fraud constituted the most substantial category of these illicit activities. Furthermore, individuals aged 60 and older were identified as a demographic experiencing particularly significant financial losses due to these scams. The methodology used by the Consumer Federation of America aimed to provide a more comprehensive understanding of the total economic impact of crypto-related fraud, acknowledging that official reporting may understate the true scale of the problem.