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Markets

Consumer Group Puts US Crypto Fraud at $80.7 Billion, Seven Times the Reported Figure

Cryptocurrency accounted for more than half of all scam and cybercrime losses reported to the FBI in the United States last year, according to a new report from the Consumer Federation of Ame

AnonymousCryptoCompass newsroom
August 2, 2026
1 min read
NEWS
Consumer Group Puts US Crypto Fraud at $80.7 Billion, Seven Times the Reported Figure
CryptoCompass editorial visual for markets coverage.

Cryptocurrency accounted for more than half of all scam and cybercrime losses reported to the FBI in the United States last year, according to a new report from the Consumer Federation of America, which puts the estimated true cost of crypto fraud at $80.7 billion for 2025.

The reported figure and the estimated one are very different numbers, and the gap between them is worth understanding before the larger one gets repeated.

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