Signature Crypto Phishing Losses Plunge 83% in 2025

Crypto phishing losses plunged 83% to $83.85 million in 2025 from $494 million the previous year, according to a Scam Sniffer report.

Summary

  • Signature phishing losses fell to $83.9M in 2025, down sharply from $494M in 2024.
  • Victim count dropped 68% as large phishing cases over $1M became far less common.
  • Losses peaked during Q3 market rallies, then fell sharply as trading activity cooled.

Victims fell 68% to 106,106 from 332,000 in 2024, with the largest single theft dropping 88.3% to $6.5 million from $55.48 million.

Large cases exceeding $1 million declined 63.3% to 11 incidents from 30 in 2024. The data covers wallet drainer attacks via phishing websites on…

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