According to official FBI data, US internet users reported losing around $20.9 billion to all types of online scams and cybercrimes in 2025 alone. CFA applied a 7.1x multiplier to official IC3 reports, estimating that the true cost of online fraud could reach around $148.2 billion. More than half of all reported losses are related to cryptocurrency-based fraud, a figure that is 21.9% higher than in 2024. In particular, Facebook, Instagram, and WhatsApp allegedly account for 57%, 22%, and 8% of all reported fraud cases, respectively. The FBI began tracking "AI-enabled" crime cases in 2025, recording $893 million in reported losses.