FBI Reports Crypto and AI Scams Led to $21 Billion in Losses in 2025
The FBI's annual Internet Crime Report for 2025 highlights a significant rise in cybercrime driven by cryptocurrency and AI scams, resulting in over $21 billion in losses. The report indicates that these emerging technologies are increasingly being used to perpetrate fraud, with crypto-related scams accounting for the largest share of losses at over $11 billion. Investment scams, which often involve building trust with victims before disappearing with their money, are particularly prevalent. AI is being used to create convincing fake messages, clone voices, and generate fraudulent documents, making scams harder to detect. Business email compromise remains a major issue, costing at least $3 billion in 2025. The report also notes a rise in government impersonation scams and tech support fraud.