FBI IC3 report: U.S. victims reported $11.366 billion in crypto-related losses in 2025 (up 22%) across 181,565 complaints. Average reported loss was $62,604; 18,589 victims lost over $100,000. Investment scams drove $7.228 billion (up 25%). AI-linked complaints exceeded 22,000 with adjusted losses above $893 million. Recovery scams accounted for $1.4 billion. Adults 60+ filed 44,555 complaints and lost $4.432 billion (nearly 40% of losses). Crypto ATM/kiosk fraud grew to 13,460 complaints and $389 million in losses (58% jump), with seniors responsible for $257.4 million of that. California, Texas, Florida, New York and Oregon led by losses. The FBI’s “Operation Level Up” has notified over 8,000 victims and helped prevent more than $500 million in losses. Regulators are increasing oversight of crypto ATMs amid concerns scammers are shifting to more sophisticated, AI-enabled social engineering.

The report documents a large, concrete rise in crypto-related fraud ($11.366B, +22%) with heavy concentration in investment scams ($7.228B) and substantial AI-linked complaints (>22,000, $893M). Seniors and ATM/kiosk fraud are major, measurable vectors (seniors lost $4.432B; ATM losses $389M, +58%). The FBI’s Operation Level Up and increased regulator focus on ATMs are explicit mitigation and oversight actions. These facts point to increased regulatory and reputational pressure on crypto, producing negative sentiment but limited direct, immediate market-moving specifics for a trader.