Amount of cryptocurrency financial losses among U.S. seniors 2020-2022

Published by Ani Petrosyan, Jun 12, 2023
Between 2020 and 2022, the amount of monetary loss through cryptocurrency scams among individuals over 60 years in the United States has increased significantly. In the latest examined year, senior victims of this type of scam reported over a billion U.S. dollars of losses. In general, cryptocurrency payments are difficult to track, which is also why most cyber crimes involve this payment method.

Financial losses through cryptocurrency fraud among individuals over 60 years in the United States from 2020 to 2022 (in million U.S. dollars)

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Release date

April 2023

Region

United States

Survey time period

2020 to 2022

Age group

60 years and older

Special properties

IC3 reported cases

Supplementary notes

*Cryptocurrency and Cryptocurrency wallets relate to the medium or tool used to facilitate the crime and are used by the IC3 for tracking purposes only.

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