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Crypto scam losses reach $11.37 billion in 2025, a 22% increase from the year before, with 18,600 victims losing over $100,000 each, learn how to spot and
| At a glance | |
|---|---|
| Total losses | $11.37 billion |
| Increase from previous year | 22% |
| Number of victims losing over $100,000 | 18,600 |
| Average reported loss | $62,000 |
Crypto scams often work by exploiting the trust individuals have in familiar tools and interfaces, rather than attempting to break the blockchain or cryptography [1]. Scammers may use malware to replace a copied wallet address with one controlled by the attacker, or they may use social engineering tactics to trick individuals into sending crypto to the wrong address. The FBI links many of these operations to organized scam centers in Southeast Asia that run on forced labor and scripted manipulation [1].
To prevent falling victim to these scams, individuals can take several steps. Firstly, they should be cautious of any "loophole" or secret exploit that promises free value, especially if it requires installing or running something [1]. Secondly, they should never install a browser extension or run a script because a file or a stranger told them to. Thirdly, they should verify the deposit address in the official app or on the website before sending anything [1]. According to Stefan Lauer, Head of Infrastructure at SimpleSwap, "The bait here is not generosity, it is the thrill of a shortcut nobody else knows about, and that is what gets people to run code they would otherwise never touch" [1].
The growing number of crypto scam losses highlights the need for individuals to be vigilant and take steps to protect themselves. By understanding the tactics used by scammers and taking preventative measures, individuals can reduce their risk of falling victim to these scams. The significance of this issue is underscored by the fact that many of these scams are not just financial losses, but also involve the compromise of personal data and security.
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 2 outlets · Jul 20, 2026 · How we report
A Crypto Scam pig butchering operation is a long-term social engineering scheme where criminals pose as romantic interests or friends to build trust over weeks or months. Once trust is established, the operators of the Crypto Scam steer the victim toward a fraudulent investment platform to extract funds.
Chainalysis estimates that at least $14 billion was lost to Crypto Scam activity in 2025, a figure that could ultimately exceed $17 billion. The FBI reported that digital asset investment fraud specifically accounted for $7.2 billion in losses during that same year.
AI tools are used in a Crypto Scam to make impersonation, phishing, and fake investment pitches more convincing through the use of deepfake videos and cloned voices. As of 2025, AI-linked schemes were found to be 4.5 times more profitable than traditional methods.
A fake Crypto Scam investment platform often promises guaranteed returns with little risk and displays fabricated profits to encourage further deposits. These platforms may also trigger demands for additional fees or taxes when a victim attempts to withdraw funds.