The most useful fraud signal in a cryptocurrency investment scam may not be the cryptocurrency transaction. It may be the customer’s balance sheet deteriorating in real time.
That is among the key takeaways from a Financial Crimes Enforcement Network (FinCEN) analysis released Thursday (Sept. 3), which examined 33,904 Bank Secrecy Act reports filed between September 2023 and December 2025 involving approximately $12.7 billion in suspected digital asset investment scam activity. The FinCEN analysis showed how financial institutions may have an underused advantage against authorized payment scams. They can potentially see a victim financing the fraud before they can prove the ultimate payment is fraudulent.
A retirement account is…
