A new report from the Consumer Federation of America estimates that Americans lost $80.7 billion to cryptocurrency-related scams and cybercrime in 2025, with crypto making up more than half of all scam and cybercrime losses. The estimate starts with FBI data showing $11.37 billion in crypto scam losses reported last year, up 22% from 2024, then applies a 7.1x multiplier based on a 2017 Bureau of Justice Statistics survey that found only 14% of fraud victims report incidents to law enforcement. CFA describes that multiplier as conservative. Investment fraud remained the largest category, with $8.6 billion reported and $61.4 billion estimated, up 32% year over year. The group also said Americans over 60 lost $4.4 billion to crypto fraud alone, nearly 40% of the total, while the FBI separately logged $893 million in AI-enabled crime across 22,364 complaints for the first time. The report also points to enforcement action, platform accountability, and pending U.S. legislation aimed at fraudulent online advertising.

Work Dogs failed to launch its token after a 60-day countdown ended, with no listing, distribution, or revised timeline. The project’s social channels went silent after March 7, 2026, and users reported a “SCAM” label on its Telegram channel.

Work Dogs token listing timeline (March 2026) remains unconfirmed; Telegram channel flagged as SCAM, posts deleted, and poor communication raise serious fraud risks for users.

Solana-based meme coin SCAM plunged 88% in 24 hours, with market capitalization dropping from nearly $20 million to about $1.43 million, even as trading volume stayed elevated at $33.6 million.

President Trump fired Bureau of Labor Statistics Commissioner Erika McEntarfer after a weaker-than-expected July jobs report, accusing her of rigging data to make him look bad. The move has sparked concerns over politicization of economic statistics.

David Schwartz warns XRP holders about rising airdrop and giveaway scams on X, Instagram, Telegram, plus a severe Windows BitLocker vulnerability. Scammers impersonate Ripple officials, use deepfakes and phishing links.

A top Solana whale who made $83.7K from ASTEROID memecoin rotated all funds into SCAM, losing $86.8K as liquidity dried up within 30 minutes. The case underscores risk management failure and overconfidence in memecoin trading.

A top Solana memecoin whale turned a $83,700 profit on ASTEROID into a net loss after rotating into SCAM, losing $86,800 due to liquidity dry-up. A cautionary tale of risk management.