**FBI Reports $5.6 Billion Lost to Crypto Fraud in 2023**

The FBI's Internet Crime Complaint Center has released its 2023 report, revealing that Americans lost a staggering $5.6 billion to cryptocurrency fraud, marking a 45% increase from 2022. Crypto-related complaints made up 10% of the total received but accounted for nearly half of the total losses.

Key Findings:

- 69,000 crypto complaints were filed, with those over 60 losing $1.6 billion.

- Investment schemes were the main culprit, responsible for 71% of the fraud.

- Kiosks (ATMs) were involved in 5,500 cases, leading to $189 million in losses.

The FBI advises caution with online investment opportunities, especially from unknown individuals.