
Rising crypto scams leave Americans reeling from billions in losses
Fox News
Scammers have illustrated that cryptocurrency is not as foolproof as it has promised. Americans lost $5.6 billion to crypto scams in 2023, according to the FBI.
Over 69,000 people filed complaints with the Feds' Internet Crime Complaint Center (IC3) last year, and most of them were aged 60 and up. Kurt "CyberGuy" Knutsson is an award-winning tech journalist who has a deep love of technology, gear and gadgets that make life better with his contributions for Fox News & FOX Business beginning mornings on "FOX & Friends." Got a tech question? Get Kurt’s free CyberGuy Newsletter, share your voice, a story idea or comment at CyberGuy.com.
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