Crypto scams resulted in $25.4 million in losses in September 2025, according to a report by CertiK Alert. This represents a significant increase from $5.6 million in July and $8.7 million in August. Notably, the Lazarus Group attempted a $13.5 million theft from Venus Protocol, but the funds were successfully recovered.
The report underscores a growing threat to blockchain networks and digital assets, with attackers increasingly targeting larger sums. Despite fewer incidents in September, the total losses were higher, indicating a shift in hacker tactics. Security experts stress the importance of enhancing defenses against both technical and social engineering attacks.
Crypto Scams Escalate: $25.4M Lost in September 2025, CertiK Reports
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