Americans lost $6bn to crypto scams in 2024 – FBI reports

Akanji Philip April 24, 2025 in Local News - 1 Minute

The Federal Bureau of Investigation has revealed that investment scams involving cryptocurrency led to a huge loss of $5.8 billion in 2024.

According to a report by the FBI’s Internet Crime Complaint Center (IC3), total losses from internet crimes in 2024 reached $16.6 billion. This shows a sharp rise of 33% from the previous year.

Out of this amount, crypto-related scams alone caused $9.3 billion in losses — a shocking 66% increase from 2023.

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Akanji Philip

Akanji Philip has been working as a reporter with VOICE AIR MEDIA, both onsite at the head office in Odi-Olowo, Osogbo, and remotely. He has covered events at notable political venues, involving prominent figures such as former Osun Governor Adegboyega Oyetola, current Osun State Governor Senator Isiaka Adetunji Adeleke, former Vice President Professor Yemi Osinbajo, the late Ondo Governor Rotimi Akeredolu, Oyo State Governor Seyi Makinde, and various other representatives and lawmakers. In addition, he has represented the company at various press conferences at police stations and has reported on occasions featuring entertainers and actors, such as Kola Oyewo during Oba-Ile Day in Osun State, among others. -Phone Number: +2349058501092, +2348137827714 -Email: akanjiphilips100@gmail.com

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