Select what genuinely interests you. Your picks feed directly into our editorial planning. FinCEN has published a striking financial trend analysis on crypto fraud: 33,904 filings covering around $12.7 billion in reported financial activity tied to digital asset investment fraud. Press coverage usually rounds those numbers to 33,000 filings and $13 billion. FinCEN is the US agency charged with combating financial crime, and it draws on reporting data from across the financial sector. So what do these FinCEN filings really say about scam centres, crypto scams and possible money flows, and what do they not say? One point first: crypto as a whole is not under blanket suspicion. What the agency analyses is suspicious, reported activity in specific risk contexts.