
FBI: Crypto Scams Cost $21B, New Strike Force Targets Scam Hubs
Tampa Bay News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
FBIs annual internet crime report reveals a staggering surge in online scams, with over one million complaints in 2025, a significant jump from 2024s 859,000. Crypto scams led the pack, raking in over $11 billion. Crypto investment fraud topped the loss charts at $7.2 billion, often starting with social media or dating site hooks. FBIs Operation Level Up has been instrumental, warning over 8,000 targets and saving over $500 million. A new strike force is targeting scam hubs in Southeast Asia and U.S. servers to shut down these operations.
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