Here’s how much Michiganders lost in crypto fraud in 2024
DETROIT – New statistics from the FBI revealed that Michiganders lost $126,330,606 in cryptocurrency scams last year.
The amount has gone up roughly 63% over the $79,894,360 lost in Michigan in 2023.
The agency compiled and analyzed data from all reported cryptocurrency complaints in 2024. There were 149,686 complaints nationally in 2024, more than double the roughly 69,000 in 2023.
While the amount of cryptocurrency scams reported represented only about 17% of the total number of fraud complaints, cryptocurrency fraud accounted for almost 60% of all losses in 2024.
More than $9.3 billion was lost nationally due to cryptocurrency scams in 2024, a 66% increase from 2023.
Authorities believe those numbers could actually be higher due to a…
