Cryptocurrency Investment Scams in 2025: What They Are, How to Spot Them, and How to Stay Safe
As the popularity of digital currencies continues to rise, so does a dangerous online threat: cryptocurrency investment scams. In 2024 alone, these scams cost victims over $5.7 billion, according to the Federal Trade Commission (FTC), making them the most financially damaging scam of the year.
What Is a Cryptocurrency Investment Scam?
A cryptocurrency investment scam is a fraudulent scheme where scammers trick people into sending crypto (like Bitcoin or Ethereum) under the promise of high returns or risk-free profits. These scams come in many forms:
Fake crypto investment platforms
“Financial advisors” reaching out via social media or messaging apps
Romance scams tied to crypto (“pig butchering scams”)
Influencers or friends promoting “can’t-miss” investment opportunities
Scam texts, emails, or cold calls offering crypto tips or deals
One of the most dangerous versions is the Pig Butchering Scam. In this long-con, scammers build trust over days or weeks (often pretending to be a love interest or mentor), then slowly convince the victim to deposit funds into a fake crypto platform. Victims often see fake profits—until they try to withdraw. Then, the scam becomes clear, and their money is gone.
6 Common Signs of a Crypto Scam in 2025
Recognizing crypto scam red flags is the best way to protect yourself. Watch for these warning signs:
Guaranteed profits – No investment, especially in crypto, can promise returns.
“Act now” pressure – Scammers rush you to invest quickly so you don’t have time to research.
Unsolicited investment advice – If someone messages you out of nowhere about crypto, be cautious.
Fake websites or apps – These look real but are designed to steal your crypto.
Crypto-only payments – Scammers prefer Bitcoin or other crypto because it's harder to trace and impossible to reverse.
Fake testimonials or celebrity endorsements – Many scams use AI or edited images to seem legitimate.
How to Avoid Cryptocurrency Investment Scams
Want to know how to avoid crypto scams in 2025? Follow these tips:
Research before you invest. Google the platform or person’s name along with the word “scam.”
Use trusted exchanges. Stick with reputable platforms like Coinbase, Kraken, or Gemini.
Don’t send crypto to strangers. Once you send crypto, you can’t get it back.
Avoid unsolicited offers. Legitimate investment opportunities don’t come from strangers in your DMs.
Check URLs carefully. Look for secure (https://) addresses and avoid lookalike domains.
Turn on two-factor authentication (2FA) for all financial accounts.
Real Data Behind Crypto Scams
$5.7 billion lost to investment scams in 2024
Over $9,000 median loss per victim
Crypto investment scams were the #1 cause of financial loss among adults aged 25–60
“Pig butchering scams” saw a 40% increase year-over-year (FTC, 2024)
This isn’t just a trend—it’s a full-blown crisis.
What to Do If You’re Targeted or Scammed
If you’ve been targeted or lost money to a cryptocurrency scam, take action immediately:
Stop all contact with the scammer
Report the scam to the FTC at ReportFraud.ftc.gov
Report it to IC3 (the FBI’s cyber crime unit) at IC3.gov
Contact your crypto exchange to see if any recovery is possible (it’s rare, but worth trying)
Warn others. Sharing your story may protect someone else
Protect Your Digital Life
Crypto scams aren’t just about money—they’re about trust. Scammers prey on emotions, confusion, and false urgency. But with the right knowledge, you can avoid becoming a victim.
At Cybrcntr, we teach people how to stay private, secure, and confident online—even if they’re not tech-savvy. Our mission is to break down cybersecurity into simple, actionable steps anyone can follow.
Want more guidance on avoiding online scams and protecting your personal data?
