KEY POINTS
- Of $9.3 billion lost to crypto scams last year, elderly Americans saw over $2.8 billion in losses
- In contrast, Americans aged under 20 lost some $7 million to crypto scams last year
- The FTC previously said elderly consumers were three times more likely to get scammed
Billions were lost to cryptocurrency scams in 2024, and elderly Americans were the group that suffered the largest losses, the Federal Bureau of Investigation's Internet Crime Complaint Center (IC3) said in its 2024 fraud report published Wednesday.
