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FBI: It has avoided $285 million in losses for more than 4300 potential victims of cryptocurrency fraud

The FBI recently announced that Operation Level Up has successfully prevented victims from losing millions of dollars due to cryptocurrency investment fraud. The agency explained that the program identifies individuals who are being scams and intervenes before they suffer losses. It pointed out: As of January 2025, the FBI has notified more than 4,300 potential victims and avoided approximately $285 million in losses for them. The upgrade campaign, launched in 2024, targets increasingly complex cryptocurrency scams, including fraudsters using fake investment platforms and social engineering techniques to deceive victims.(Bitcoin.com)

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