The FBI has disclosed that over 5,100 account takeover fraud incidents have occurred in the United States since early 2025, resulting in losses exceeding $262 million. Fraudsters employed phishing and social engineering tactics to obtain credentials and transfer funds to cryptocurrency wallets.
The agency advises victims to verify suspicious communications through official channels and emphasizes the need for enhanced security measures in financial systems. As concerns about liquidity and the crypto market grow, regulators are anticipated to adopt frameworks similar to the EU Markets in Crypto-Assets Regulation to mitigate associated risks.
FBI Reports $262 Million in Account Takeover Fraud Losses Linked to Crypto
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