In 2023, individuals in the United States lost around 208 million U.S. dollars through cryptocurrency payments in government and company impersonation. This figure has increased significantly from 18 million in 2020.
Financial losses through impersonation in the United States that involved cryptocurrency payments in 2020 and 2023
(in million U.S. dollars)
Figures are based on reports to the FTC Consumer Sentinel Network classified as business imposter or government imposter. Reports provided with Sentinel data contributors and reports that did not indicate a contact method, and payment methods classified as "other", are excluded.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Federal Trade Commission. (April 1, 2024). Financial losses through impersonation in the United States that involved cryptocurrency payments in 2020 and 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved October 02, 2024, from https://www.statista.com/statistics/1484411/financial-loss-impersonation-us-cryptocurrency-payments/
Federal Trade Commission. "Financial losses through impersonation in the United States that involved cryptocurrency payments in 2020 and 2023 (in million U.S. dollars)." Chart. April 1, 2024. Statista. Accessed October 02, 2024. https://www.statista.com/statistics/1484411/financial-loss-impersonation-us-cryptocurrency-payments/
Federal Trade Commission. (2024). Financial losses through impersonation in the United States that involved cryptocurrency payments in 2020 and 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: October 02, 2024. https://www.statista.com/statistics/1484411/financial-loss-impersonation-us-cryptocurrency-payments/
Federal Trade Commission. "Financial Losses through Impersonation in The United States That Involved Cryptocurrency Payments in 2020 and 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 1 Apr 2024, https://www.statista.com/statistics/1484411/financial-loss-impersonation-us-cryptocurrency-payments/
Federal Trade Commission, Financial losses through impersonation in the United States that involved cryptocurrency payments in 2020 and 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1484411/financial-loss-impersonation-us-cryptocurrency-payments/ (last visited October 02, 2024)
Financial losses through impersonation in the United States that involved cryptocurrency payments in 2020 and 2023 (in million U.S. dollars) [Graph], Federal Trade Commission, April 1, 2024. [Online]. Available: https://www.statista.com/statistics/1484411/financial-loss-impersonation-us-cryptocurrency-payments/