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)
Characteristic
Losses in million U.S. dollars
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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.
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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 September 09, 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 September 09, 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: September 09, 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 September 09, 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/
