The FBI’s Internet Crime Complaint Center (IC3) has revealed a significant increase in cryptocurrency-related crime losses in the United States during 2024. Reports indicate that these crimes caused a staggering $9.3 billion in financial harm. This represents a 66% rise compared to 2023, demonstrating the increasing use of digital assets for fraudulent purposes. The IC3’s annual report indicates over 150,000 complaints were linked to cryptocurrency scams. Investment scams, particularly those promising unrealistically high returns on fictitious platforms, emerged as a major culprit, leading victims to unknowingly transfer funds that were later stolen by malicious actors.