A Cyvers report says Web3 fraud hit $15.87 billion in 2025, dwarfing roughly $2.5 billion lost to hacks and exploits, as industrialized scam networks and authorized fraud became the dominant threat.

A Cyvers report says Web3 fraud reached $15.87 billion in 2025, far above the roughly $2.5 billion lost to hacks and exploits, as organized scam networks scaled across millions of transactions.

Cyvers says Web3 fraud reached $15.87 billion in 2025, dwarfing the more than $2.5 billion lost to hacks and exploits. The report highlights industrialized scam networks, authorized fraud, and the central role of liquid assets and major exchanges.