Highlights from 2023 data include:
- The FBI Internet Crime Complaint Centre (IC3) received over 69,000 complaints from the public regarding financial fraud involving the use of cryptocurrency;
- Estimated fraud losses with a nexus to cryptocurrency totaled more than $5.6 billion;
- The exploitation of cryptocurrency was most pervasive in investment scams, where losses accounted for almost 71 percent of all losses related to cryptocurrency.
Cryptoasset Service Providers (CASPs) can review the latest FBI report to gain insights into new and ongoing fraud threats, and take any appropriate action