Crypto-related investment fraud rose 53% in 2023: FBI

According to the FBI, crypto-related investment fraud accounted for 86% of all investment losses within the United States in 2023.

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The Federal Bureau of Investigation (FBI) reported that cryptocurrency-related investment fraud constituted the largest portion of investment loss within the United States in 2023. 

In a recent report, the FBI stated that investment losses that involved cryptoc increased from $2.57 billion in 2022, to around $3.94 billion in 2023, representing a 53% increase.

Meanwhile, the overall investment losses in 2023 totaled $4.57 billion, indicating that the $3.94 billion lost in crypto-related scams amounted to approximately 86% of all investment fraud losses in the nation during the year.

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